In August, corporations set their sights on AI startups
โฉ In August, corporations set their sights on AI startups | ||
๐ค Among the most sought-after startups by corporations and investors, 53% were AI-driven, with the majority falling under the "AI First" category. | ||
The term AI First, coined by Sling Hub, refers to startups where the core product or service is fundamentally powered by AI. In these cases, AI isn't just an add-onโit's the foundation, without which the product wouldn't be feasible or even exist. | ||
The TOP1 spot in Startups of the Month ๐ August Edition goes to Darwin AI, with smarters taking 2nd place. Both Darwin AI and smarters are SalesTechs, training AI agents for WhatsApp and other communication channels. | ||
Antecipa and Liber Capital share the 3rd position. These two FinTech startups specialize in receivables financing. | ||
Other notable mentions include Fintalk and Yuna, the only startups in the ranking to secure funding in 2024. | ||
Check out the full Ranking ๐ | ||
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โฉ Did you see this? | ||
Degusto, a FoodTech specializing in artisanal spirits, raises USD $150K in an open round via the EqSeed platform | ||
Gringo, an app simplifying life for drivers, raises USD $12M in a round led by Moore Capital | ||
Arvo, an AI platform ensuring transaction integrity in healthcare, secures USD $4.4M in a funding round led by Canary and K50, with participation from Latitud, Preface and Endeavor Scale-Up Ventures | ||
๐จ๐ด ๐ฒ๐ฝ LatAm | ||
Botanical Solution secured USD $7.6M in a Series A extension round, bringing its total funding to $23.3M | ||
Stori, a Mexican unicorn, raises USD $212M in a debt and equity deal | ||
โฉ The easiest way to register your startup for innovation challenges | ||
Innovation challenges are frequently launched, offering startups the chance to connect with market-leading corporations. | ||
However, we know how tedious it can be for startups to submit to these challenges. Often, the forms are long and difficult to fill out. | ||
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Speaking about opportunities, EDP is currently seeking startups to help roll out a new revenue-generation solution. | ||
The company has validated a 100% digital solution that reduces energy costs for both B2B and B2C customers while promoting sustainable consumption. Now, EDP is looking for EnergyTechs to distribute this plug-and-play solution. | ||
Interested EnergyTechs should apply by September 22. Selected startups wonโt need to develop any new solutions and will gain access to mentorship and networking opportunities. | ||
Check out our streamlined application tool and apply for the challenge with just a few clicks. | ||
โฉ For today, thatโs all! | ||
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Until the next Copilot News ๐ | ||