Berlin-based AI startup Blocks has successfully closed a 6 million dollar pre-seed funding round. The investment was notably oversubscribed and will support the company as it scales its cloud cost optimization platform. Speedinvest led the round, with participation from Caesar Ventures and several notable European entrepreneurs, including founders from JustEatTakeaway, Flix, McMakler, SellerX, Dr. Smile, and Foodspring.
Blocks operates a platform designed to help companies manage and reduce cloud infrastructure expenses through continuous optimization, agentic DevOps tools, and pooled purchasing power. The startup currently serves more than 50 companies across Europe.
The newly acquired capital is earmarked for product development and broadening the company reach across the European market. By aggregating cloud spending across its member base, the platform aims to secure guaranteed volume discounts for its users.
Blocks operates a platform designed to help companies manage and reduce cloud infrastructure expenses through continuous optimization, agentic DevOps tools, and pooled purchasing power. The startup currently serves more than 50 companies across Europe.
The newly acquired capital is earmarked for product development and broadening the company reach across the European market. By aggregating cloud spending across its member base, the platform aims to secure guaranteed volume discounts for its users.