Utrecht-based Deeploy secures up to €7.5M EIC funding to advance responsible AI 

Utrecht-based Deeploy, a Machine Learning Operations (MLOps) platform, has secured up to €7.5M in funding from the European Innovation Council (EIC).

“Europe has set a global standard for AI ethics and governance, and we are proud to be at the forefront of this movement. The EIC Accelerator funding allows us to scale our platform and ensure that AI deployed in Europe is not only powerful but also trustworthy, transparent, and aligned with European values,” says Maarten Stolk, CEO and Co-founder of Deeploy.

The Dutch company secured funding from the EIC Accelerator for the “Human-Centric Generative AI Made in Europe” challenge, competing against over 4,000 applicants.

“Deeploy stands out as a leading AI platform, reinforcing Europe’s commitment to trustworthy, transparent, and compliant AI solutions,” says EIC.

Out of the total, EIC has granted Deeploy a €2.5M grant and reserved the remaining €5M in equity for its next funding round.

Deeploy: Making AI explainable, trustworthy, and accountable

Founded in 2020 by Bastiaan van de Rakt, Tim Kleinloog, Maarten Stolk, and Nick Jetten, Deeploy is a software company that makes Machine Learning (ML) deployments accountable by giving explainable AI (XAI) a central place in ML operations (MLOps).

The company uses its software to make artificial intelligence understandable and transparent to businesses, their customers, and regulators.

The Dutch company gained in several regulated markets across Europe, including healthcare, banking, insurance, and the government.

The platform features:

• Built-in explainability methods, to explain AI decisions.
• Automated compliance documentation for the EU AI Act.
• Risk and bias detection to ensure ethical AI use.
• Privacy-by-design architecture to keep data within organisational infrastructure.

“With AI adoption accelerating, companies need practical solutions to ensure model risks can be controlled. The EIC funding enables us to push AI governance beyond check-the-box compliance. We plan to expand Deeploy’s explainability methods for complex AI models, enhance our platform capabilities for compliance with EU regulations and ISO standards, foster AI sovereignty in Europe, and build a partnership network across the continent,” says Tim Kleinloog, CTO and Co-founder of Deeploy.