Close Menu
  • Home
  • News
  • Startups
  • Innovation
  • Industry
  • Business
  • Green Innovations
  • Venture Capital
  • Market Data
    • Economic Calendar
    • Stocks
    • Commodities
    • Crypto
    • Forex
Facebook X (Twitter) Instagram
[gtranslate]
Facebook X (Twitter) Instagram YouTube
Innovation & Industry
Banner
  • Home
  • News
  • Startups
  • Innovation
  • Industry
  • Business
  • Green Innovations
  • Venture Capital
  • Market Data
    • Economic Calendar
    • Stocks
    • Commodities
    • Crypto
    • Forex
Login
Innovation & Industry
Startups

Can dltHub solve the Python library problem for AI? Dig Ventures thinks so

News RoomNews RoomJuly 20, 2023No Comments3 Mins Read

Python is the preferred programming language in AI, however, most organisations can’t incorporate their Python developers into legacy data infrastructure. That means they miss out on pulling the benefits of AI into the org. However, there has been a lack of open source python library for developers designed around AI workflows.

DLT (short for data load tool), a Berlin-based startup, thinks it may have the solution. It’s building exactly that open source python library which, it claims, is designed for this new wave of AI.

The startup says its library will integrate into existing workflows, including Python workflows where previously data loading did not happen, such as a Google Colab notebook, an AWS Lambda function, an Airflow DAG or GPT-4-assisted docs or GPT-4 development playgrounds.

The startup has now raised $1.5M in pre-seed funding from Dig Ventures, founded by Ross Mason who created the Mule Project and founded MuleSoft (MULE:NYSE). Joining the round are AI and enterprise founders from companies such as Huggingface, Instana, Miro, and Matillion.

CEO Matthaus Krzykowski told me via email: “Most of the GPT-4 apps that are showcased in the media are demoware. Users that try them abandon them quickly. Other AI tooling where VCs recently have been piling on a lot of money (vector databases / frameworks) have a lot of similar challenges.”

He says dlt now has a growing community of Python developers and is being “deployed in production in several scale-up tech companies” including San Francisco-based software delivery company Harness, which we previously covered.

In a statement, Alexander Butler, Senior Data Engineer at Harness said: “Leveraging dlt has changed our data operations. It has… accelerated the pace of our DataOps team: we spend less time on the EL (extract and load) and more on the T whilst still being able to deeply customise our extractors as business requirements evolve.”

Julien Chaumond, CTO/Co-founder at Huggingface and an angel investor at dltHub added: “The current machine learning revolution has been enabled by the Cambrian explosion of Python open-source tools that have become so accessible that a wide range of practitioners can use them. As a simple-to-use Python library, dlt is the first tool that this new wave of people can use.”

In regards to potential competitors Krzykowski admits that the startups “competes with ETL companies such Meltano, Stitch Data, Airbyte and to a lesser degree Fivetran.”

However, he says that “from a bigger picture we operate in the space of data warehouse companies such Snowflake, Databricks, Microsoft Fabric who also want to build to bring AI to the enterprise.”

Read the full article here

Related Articles

Learn how to master cap table management with Fidelity Private Shares

Startups April 16, 2024

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

Startups April 16, 2024

Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’

Startups April 16, 2024

Loft Labs brings power of virtualization to Kubernetes clusters

Startups April 16, 2024

Indaband’s new app lets you create music with people around the world

Startups April 16, 2024

GovDash aims to help businesses use AI to land government contracts

Startups April 16, 2024
Add A Comment
Leave A Reply Cancel Reply

Copyright © 2026. Innovation & Industry. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?