Altor’s Investment in Silo AI Oy

Hannes Snellman advised Silo AI Oy on the deal.

Altor Fund V signed an agreement to partner and invest in the artificial intelligence (AI) company Silo AI Oy (“Silo AI”), one of Europe’s largest private AI labs, to support the continued growth of the company.

All founders, incl. chairman Tero Ojanperä and CEO Peter Sarlin, will continue in their roles and remain major shareholders.

The investment allows Silo AI to accelerate its international expansion and further develop its Silo OS infrastructure on its long-term journey to be the European flagship AI company.

The Hannes Snellman team comprised Annika Schauman (Picture) and Mikael Byman.

Involved fees earner: Mikael Byman – Hannes Snellman; Annika Schauman – Hannes Snellman;

Law Firms: Hannes Snellman;

Clients: Silo AI Oy;

Federica Tiefenthaler

Author: Federica Tiefenthaler