Seedrs, in collaboration Microsoft, has unveiled SERIES AI, a pioneering accelerator aimed at startups focused on artificial intelligence. This initiative represents a first in the industry and is designed to propel the growth of the UK’s most promising early-stage businesses integrating AI into their products and services.
Accelerating AI Innovation
The SERIES AI accelerator is specifically tailored for startups that are gearing up for their Seed to Series A funding rounds. This unique program offers a robust four-week upskilling initiative beginning on May 13, 2024, where founders will receive essential insights, resources, and mentorship. The goal is to help these startups not only develop their AI solutions but also refine their business strategies and perfect their pitch decks in preparation for future funding opportunities.
A Dynamic Conclusion with Pitching Demo Day
The accelerator culminates in a Pitching Demo Day, where six finalists will present their businesses to some of the UK’s leading venture capitalists, including representatives from Vektor Partners and SFC. This event provides a significant platform for selected businesses to showcase their innovations in front of an audience of VCs, investors, and industry experts.
Open for Applications
Starting April 15, 2024, applications will open for early-stage startups from any sector that are either planning to or currently incorporating AI technologies into their operations. For those interested in applying or learning more about the SERIES AI accelerator, further details are available here.
Industry Leaders’ Insights
John Lake, Managing Director at Seedrs (part of Republic), highlighted the UK’s position as a leader in AI, supported by an excellent talent pool and favorable regulatory conditions. “The UK was the second most funded sector in AI last year,” Lake noted, emphasizing the investor confidence in AI. He expressed enthusiasm about partnering with Microsoft to equip startups with the necessary tools and knowledge to excel.
Orla McGrath, General Manager of Partner Business at Microsoft UK, also expressed excitement about the collaboration. “By leveraging the Microsoft Cloud, startups can use AI to revolutionize various industries,” McGrath stated, underscoring the transformative potential of AI technologies.
A Leap Forward
This collaboration between Seedrs and Microsoft marks a significant step forward in supporting the next generation of AI-driven businesses. By providing critical guidance and exposure, SERIES AI aims to enhance the capabilities of startups and position them for substantial growth and success in the competitive tech landscape.
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