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“A leader is one who sees more than others see, who sees farther than others see and who sees before others see.” – Leroy Eimes, author and leadership expert
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KEY POINT
The AI Problem we are solving today is this:
- What are the recent AI Start Ups?
- What AI Focus do they have?
- How are they being Funded?
This is an important part of the AI Adoption Puzzle to solve because:
- It provides you with the AI innovation focus for your business
- It lets you know the funding availability
- It has case examples of practical AI success
INTRODUCTION
“Follow the Money” as the 1976 film All the President’s Men once told us is often the most direct way to uncovering the solution to a problem.
It certainly applies to the fast moving and changing world of AI. So, what we have done here is to compile a list of the Top Ten Sources of AI Start Up and Funding intelligence.
To save you time, we are going to pinpoint the Strengths of each source so you can readily get to the key information that is most relevant to your business.
TOP TEN AI STARTUP FUNDING SOURCES
- EU Start Ups – A long standing Website and Magazine which keeps you up to date with good selections of AI Start Ups across the whole of Europe and also contains summary information about their Funding.
- Forbes – In its sixth year the Forbes annual AI 50 compiles it’s international list of startups that are developing the most promising business use cases of artificial intelligence. Entrants are scored based on financial performance, company culture and diversity and the top 120 finalists are vetted by a panel of expert AI judges.
- Crunchbase – Business information provider Crunchbase has a comprehensive database of startups including AI companies. It tracks information about investments and funding rounds, key personnel and news about the companies.
- Seedtable – Uses technology and people to track over 1,400 European AI startups and ranks them using their own proprietary scoring method based on quantitative and qualitative data points to signal the momentum behind a company.
- CBInsights – The AI 100 is CB Insights’ annual ranking of the top 100 most promising private artificial intelligence companies worldwide. Their research team selects the winning companies based on deal activity, partnerships, team and investor strength, patent activity, proprietary scoring, interviews with buyers, and direct briefings from startups.
- Beauhurst – A company that tracks startups and investment data, has compiled a ranking of the top 50 artificial intelligence companies based in the UK. The ranking is determined by the total amount of equity investment that each company has received up to this point.
- Exploding Topics – It has compiled a global list of 60 of the most promising growing AI startups with a broad range of use cases across different industries.
- Techopedia – A well-established information portal with over 3 million monthly readers. It’s editors have picked the 50 best AI startups that are likely to blow up in 2024, basing their list on their past performance and how the generative AI and LLMs market is growing.
- Failory – A website who’s philosophy is that there’s more to learn from failures than from successes, has compiled a list of the top 126 Artificial Intelligence unicorn startups, from highest to lowest valuation.
- Everest Group – Research firm the Everest Group launches its inaugural Artificial Intelligence Top 50 and ranks companies based on factors such as revenue, funding, and market valuation.
END GAME
There are many important AI problems and obstacles we have been overcoming in this Blog Series but “Following the Money” is certainly one of the most important. And, hidden beneath the surface, it contains key answers about the success of AI Innovation which are readily available for you to select the best AI strategy for your business: from choosing a solution to be inspired to develop your own AI App!
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