The data growth market is skyrocketing, and the environment is being taxed. As per IDC’s Data Storage 2025 report, digital data is expected to reach 175 zettabytes by 2025 with an annual growth rate of 19.2% from 2020. Each of those zettabytes generates the carbon emissions of roughly 2 million people every year.
This is where UltiHash, a San Francisco-based startup plays a significant role. It works with the mission to reduce the environmental toll by cutting down the overall amount of data that needs to be processed.
Secures $2.5M funding
In a recent development, the company founded by German entrepreneurs Tom Lüdersdorf and Katja Belova, has netted $2.5M pre-seed funding. The round was led by Inventure (backed Capalo AI, Lassie, and Wirepas) with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen, Founder, and angel scout for Sequoia Capital, and other private investors.
The fresh investment will allow UltiHash to sustainably accelerate companies’ data usage. It will launch its high-performance data storage software that aims to boost the capacity of existing storage drives and help enterprises achieve a better balance between performance and costs.
Sustainable approach to data storage
Founded in 2022, UltiHash offers a high-performance and sustainable data storage solution that allows companies to grow data sustainably. The company connects cloud and on-premises architectures with a unified storage infrastructure and maximises the resource efficiency of Big Data applications.
While data is drowning more and more of the world’s resources, UltiHash cuts down its environmental toll by reducing the overall amount of data that needs to be preserved. Its infrastructure’s byte-level deduplication allows users to decrease storage needs by up to 50% without compromising on performance and costs.
In addition to reducing storage needs, UltiHash also helps them save millions on unnecessary storage and network costs. Users only store and migrate the data they truly need without compromising speed and breaking the barrier between scalability and affordability that companies face when expanding their data operations.
By condensing the amount of data stored, UltiHash advances the growth of high-performance data-driven applications, such as machine learning models and AI, business intelligence, product engineering, and more, sustainably and cost-effectively. Every byte is fully utilised, and the environmental impact is kept at an absolute minimum.
Rebecka Löthman Rydå, an Investor at Inventure, stated, “We live in a world where the exponential growth of data is looked at as the new oil, but just like oil the negative environmental impacts are becoming substantial. UltiHash leads a tectonic shift in sustainable data storage with a solution able to eliminate unnecessary data and highly increase efficiency in your data operations. We are proud to back this ambitious team and support this shift.”
“The exponential increase in data storage resources is not sustainable from either a business or environmental perspective,” said Tom Lüdersdorf, UltiHash Co-Founder and CEO. “Resource optimisation is the only way forward to manage data growth and continuously use data as the lever to solve challenges. In this industry, speed is a must, and we’re here to make hot storage resource-efficient.”
