Startups of the Month ๐Ÿš€ August Edition
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Startups of the Month ๐Ÿš€ August Edition

In August, corporations set their sights on AI startups

Rafaella Vieira
4 min
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โฉ In August, corporations set their sights on AI startups

๐Ÿค– 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-onโ€”it's the foundation, without which the product wouldn't be feasible or even exist.

The TOP1 spot in Startups of the Month ๐Ÿš€ 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 ๐Ÿ‘‡

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โฉ 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

๐Ÿ‡จ๐Ÿ‡ด ๐Ÿ‡ฒ๐Ÿ‡ฝ 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

โฉ The easiest way to register your startup for innovation challenges

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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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With this new tool, available for free, startups can quickly identify business challenges and apply in just a few minutes. We've developed a technology that maps all the necessary information for the challenge and cross-references it with data we already have about the startup on the Sling Hub platform.

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Discover the best platform for startups to apply for innovation challenges and get the chance to engage with Brazil's leading corporations.

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 wonโ€™t 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.

โฉ For today, thatโ€™s all!

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Until the next Copilot News ๐Ÿ‘‹