Nine out of ten executives believe that artificial intelligence would provide business opportunities in their company, but only 37% of companies actually implement it. In order to meet the demand of companies that do not have the necessary resources to do so, Eden AI has developed an aggregator of AI technologies that provides access to dozens of technologies, including image recognition or machine learning.
The young startup from Lyon, supported by the 50 Partners accelerator, raises 1.5 million euros from entrepreneurs such as Olivier Pomel (Datadog), Nicolas Dessaigne (Algolia), Sébastien Pahl (Docker), Julien Lemoine (Algolia ), Benjamin Fabre (DataDome), Laurent Letourmy (Ysance), Jean-Baptiste Aviat (Sqreen), Georges Gomes (Div Riots) and Thomas Grange (Botify).
Democratize the use of AI in business
Launched in January 2020, the Lyon-based company was born under the impetus of Samy Melaine and Taha Zemmouri. The latter first founded DataGenius following his end-of-studies internship, with the ambition of democratizing the use of artificial intelligence and machine learning in companies. Three years later, he founded Eden AI, which develops an aggregator of AI solutions for developers and receives support from the 50 Partners accelerator.
“We were particularly impressed by the team’s vision and the company’s ability to position itself as a central player in this booming market”, comments Jérôme Masurel, CEO of 50 Partners. Eden AI intends to simplify the use and deployment of AI technologies by providing a single API connected to the best AI engines.
Dozens of technologies available
The platform, officially launched in September 2021, provides access to dozens of AI technologies such as image recognition, machine translation, audio transcription or machine learning. Since then, the startup boasts over 500 users worldwide and has established more than 20 partnerships with AI technology providers, including Mindee, Dataleon, Deepgram, AssemblyAI and Rev.AI.
“With Eden AI, we saw an opportunity in a growing industry,” explains Taha Zemmouri, CEO of Eden AI. “We are working on an easy-to-use product that will allow developers to better master these AI technologies. We are very excited at the prospect of being able to position ourselves quickly in a market as large as this, with a global vision established from day one”.
This funding round should enable it to develop its product by offering additional functionalities, in particular “automatic and dynamic recommendation of the best supplier based on user data”, says Eden AI. To do this, the company plans to recruit around twenty developers.
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[Seed] French startup Eden AI raises 1.5 million euros for its AI solutions aggregator
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