Observed Signal · Apr 8, 2025 · Funding · Source: Trending Topics · Impact: 2/5 · Sentiment: Neutral
Hawk raises €52M Series C for anti-money laundering AI
Hawk, an AI-based anti-money laundering (AML) and counter-terrorism financing (CFT) company founded in 2018 in Munich by Tobias Schweiger and Wolfgang Berner, has raised €52 million in a Series C funding round. The round was led by One Peak, with participation from existing investors Rabobank, Macquarie, BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition. The funds will be used to further develop the platform and drive global expansion, particularly in the United States. In an interview, CEO Tobias Schweiger discusses the technology's differentiation from rule-based systems, the increasing use of AI by criminals, and anticipates future waves of Generative AI and Agentic AI in the fight against financial crime. The market for such software is growing around 20% annually, with global spending on financial crime compliance reaching nearly $200 billion each year.
AI-based financial compliance firm raises significant Series C, indicating robust investment in AI for compliance, but not directly impacting AdTech industry.
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Key Takeaways & Evidence Grounding
- Hawk raised €52 million in a Series C funding round led by One Peak.
- The company provides AI-based anti-money laundering (AML) and counter-terrorism financing (CFT) technology to banks, neo-banks, and crypto companies.
- Hawk was founded in 2018 by Tobias Schweiger and Wolfgang Berner in Munich.
- The funding will support platform development and global expansion, especially in the US.
- Existing investors including Rabobank, Macquarie, BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition participated in the round.
Connected Companies & Entities
2 Entities mapped“In 2018 they founded Hawk AI in Munich, now the company simply goes by the name Hawk and is in demand by more and more (neo-)banks, traditio...”
“The existing investors Rabobank, Macquarie, BlackFin Capital Partners, Sands Capital, DN, Picus and Coalition are joining....”
Ontology Mapping & Concepts
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