Czech Startup Apify Secures €2.8M Investment for AI Data Mining

Prague-based startup Apify has successfully secured a €2.8 million investment to fuel its growth in web data extraction. The funding, backed by J&T Ventures and Reflex Capital, will be used for marketing, product development, and expanding the developer community. Founded in 2015 by Jan Čurn and Jakub Balada, Apify offers a web scraping platform that allows companies to extract data from websites and automate web-based workflows at scale in the cloud. With clients like Siemens, Intercom, Microsoft, T-Mobile, and Accenture, Apify has seen an 80% growth in revenue in the last quarter of 2023. The company aims to demonstrate its ability to convert capital into efficient growth and attract new customers to potentially become the next Czech unicorn. Investors believe in Apify's potential to become a global leader and are excited to support its continued growth.