Michele Mattei’s Post

LatAm startup Vambe has seen its annual recurring revenue (ARR) skyrocket after pivoting to conversational AI. Vambe was initially launched as a CRM for debt collection, but the founders realized their customers were more interested in the AI agents they built to facilitate communication and engagement on platforms like WhatsApp. To support the fast growth, Vambe raised a $3.85 million seed round led by monashees, with participation from NAZCA and M13. The company aims to expand further in Mexico, where 15% of its revenue is generated. This investment marks M13's first in a Latin American startup, with partner Brent Murri expressing confidence in Vambe's technology. CEO Nicolas Camhi mentioned that they are providing advanced technology to businesses that aren't familiar with AI but are seeing increased sales and lower costs. Read more: https://lnkd.in/gTb3wh7z #ai #artificialintelligence #aistartup #aifunding

Startups in Indonesia are embracing the power of AI to drive innovation and growth. 🚀 Great to see how Microsoft's AI Founders Club in Indonesia aims to harness the potential of Indonesian startups to revolutionize business operations, gain insights into customer behavior, and positively impact both the economy and society. We believe that AI is not just a technology but a catalyst for innovation. The technology will transform the way startups operate and create value in Indonesia's dynamic business landscape and also of the entire Global South region. Read more here: https://lnkd.in/gFfzj2bt #AI #Indonesia #Microsoft #TechInnovation #RiseUpSouth #TechRevolution #Startups #MicrosoftAIFoundersClub #GlobalSouth

The future of tech is being shaped by innovative Y Combinator startups poised to become the next unicorns! - 🌐 OpenAI: Revolutionizing AI and language models. - 🚴 Rappi: Dominating the delivery market in Latin America. - 💳 Stripe: Leading the way in fintech and online payments. - 🏠 Airbnb: Expanding its global footprint and redefining travel. #TechUnicorns #YCombinator #StartupSuccess - OpenAI is making AI more accessible and useful across industries with breakthroughs like ChatGPT. - Rappi is rapidly growing with its on-demand delivery services, catering to a wide range of needs from groceries to pharmaceuticals. - Stripe is innovating in the payment processing space, making it easier for businesses of all sizes to handle transactions securely and efficiently. - Airbnb continues to disrupt the hospitality industry, offering unique and diverse lodging options worldwide, and focusing on user experience. Y Combinator Startups That Could Be The Next Tech Unicorns https://lnkd.in/g4yK7USw

Explurger: a travel-focused social media app powered by AI. Log your adventures, create bucket lists & explore like never before. Find out more about its innovative offerings and what makes them a top startup from India to watch in 2024. #TravelTech #SocialMedia #India #TopStartups2024

Agmo Group is proud to be a key partner in Malaysia’s digital transformation journey, as we collaborate with Cradle Fund to revolutionize the MYStartup platform. Recently featured in Microsoft’s case study, this partnership underscores our commitment to empowering the nation’s startup ecosystem. MYStartup, a flagship initiative of the Malaysia Startup Ecosystem Roadmap (SUPER) 2021-2030, is designed to position Malaysia as a top 20 global startup hub by 2030. By fostering innovation and entrepreneurship, the platform aims to support the growth of 5,000 startups by 2025. Our role focuses on integrating cutting-edge AI solutions to enhance the MYStartup platform through: Advanced Matchmaking Capabilities: AI tools streamline connections between startups, investors, and mentors, fostering meaningful collaborations. Actionable Insights: Entrepreneurs gain access to real-time analytics and reports, ensuring they make data-driven decisions for growth. Seamless User Experience: Automated processes reduce complexity, enabling entrepreneurs to focus on innovation and scaling their ideas. As Malaysia takes bold steps towards building a vibrant startup ecosystem, Agmo Group is honored to play a pivotal role in this transformative journey. Explore the full story in Microsoft's latest case study: https://lnkd.in/gh5xkk4Q #AI #MYStartup #AgmoAI #Innovation #DigitalTransformation #Microsoft #Top20by2030 #Malaysia #PublicSector

AI-powered video creation startup Rephrasedotai’s cofounder Shivam Mangla believes that Indian GenAI startups will have to cater to both domestic and global markets to effectively leverage the GenAI boom 👇 Speaking at Inc42’s GenAI Summit, Mangla said that building applications on top of existing AI models that solve challenges faced by both local and overseas businesses will be key to creating revenue streams. Humantic AI founder and CEO  Amarpreet Kalkat said that enterprises want compliance, control and privacy as there are many risks involved with the emerging GenAI tech. As per Inc42 data, the country is home to more than 100 native startups (as of October 2023) that have raised $600 Mn+ since 2019. Read more 👇 #genai #GenAISummit2024 #startup

At the Inc42 Media #TheGenAISummit24, Alok Goyal echoed our conviction in Indian GenAI startups leading the charge of disruption, potentially outpacing large enterprises in driving GenAI adoption. More on the insightful panel discussion with Ayush Garg, Shivam Mangla, and Amarpreet Kalkat here: https://lnkd.in/d-K4WhcS #GenAI

Tomorrow! Unicorn Pitches Competition Event in Lisbon! 🦄 Get ready for an exciting showcase of innovative startups vying for the title of the best startup. We are thrilled to present the full list of participants: PnPAI — Just as Uber transports you from Point A to Point B without needing to own a car, PnPAI propels your business from no AI to advanced AI without requiring an in-house AI team. Vixtape — Vixtape is a social TV platform that creates streaming channels by integrating smart contracts and AI curation models. Its mission is to transform the world’s media and pay creators fairly. SoulcareAI—SoulcareAI provides 24/7 personalised mental health support, empowering users to improve their well-being through AI-driven insights and compassionate care. It is accessible to individuals and businesses. Raily — MEETS ON THE MOVE - Raily is a social travel hub that connects people on the go while being power-charged by AI, AR, MR and Web3 capabilities. Jsonify — They use AI to turn websites and documents into useful structured data pipelines, automatically. KitLegit — KitLegit uses AI/ML technology to digitally authenticate sports merchandise through imagery. Their technology can be used by consumers or integrated into marketplaces, leagues, clubs and brands. Purpose Platform —- is a blockchain solution that allows coaches to reward users for progress in their mental and physical health. using the betting protocol for your personal growth. WiseWorld.ai — At WiseWorld they made soft skills measurable with an AI-powered, game-based platform designed to assess and empower employees through life-like challenges, providing managers with reliable data for better decision-making. Don't miss this opportunity to witness groundbreaking innovations and support these incredible startups! 📅 Date: July 9th, 2024 🕕 Time: 6:00 PM 📍 Location: Fintech House Lisboa by Sitio.pt, Av. Duque de Loulé 12, 1050-093, Lisboa 🔗 Register Now: https://lnkd.in/dDKbbgwA See you there! #UnicornPitchesLisbon #AI #AIFintechStartupPitch #Fintech #StartupCompetition

🚀 Constructor just raised $25M Series B—without actively fundraising! CEO Eli Finkelshteyn of Constructor, the AI e-commerce startup, wasn’t on the hunt for more funding. Yet, a casual conversation with Sapphire Ventures partner Rajeev Dham turned into a $25 million Series B investment, pushing the company's valuation to $550 million. What sparked interest? Finkelshteyn shared Constructor’s customer-facing sales deck—a testament to the platform's proven success in personalized product discovery for major e-commerce players like Sephora and Bonobos. "We’ve always kept AI at the core of our technology," Finkelstein says. "It’s been essential to our growth and success, but there’s still so much potential to expand and serve our customers even better.” 💡 Read more about how this AI-driven e-commerce pioneer secured a major investment without a formal pitch deck and check out the deck that sealed the deal. #AI #Ecommerce #Constructor #Startup

Dev Khare, a partner at Lightspeed Venture Partners India, told TechCrunch that India has some good opportunities for AI in consumer applications, whether that is creating content in Indic languages, offering virtual influencers or creating short videos and games using AI. “A decent majority of the market in SaaS in the last 10 years has been going off to established markets and trying to replicate those at lower cost and with better support. That very valid market has led to some large outcomes in India. But you can’t do that in a newly emerging market, like AI or native AI. You have to take a risk and say, ‘This is where the world will be a few years from now. That market doesn’t exist today, but I’m going to bet it exists. I’m going to build for that.’ That’s a bit of a newer DNA for India. We’ve seen that happen,” he said. In the last 18 months, Lightspeed India and SEA has invested over $150 million in AI, which includes new investments and follow-ons in existing AI-enabled startups. Globally, the fund has invested more than $1 billion across over 70 companies in AI in the same period. Global and local investors are actively scouting for AI startups in India, as the country helps them diversify their portfolios and is in a better position amid ongoing …