Microsoft Ventures & Vertex Ventures Invite You to Apply to the Innovate.AI CompetitionDec. 31, 2017
Microsoft Ventures, in collaboration with Vertex Ventures Israel, Madrona Venture Group, and Notion Capital initiated a global competition, Innovate.AI, aimed at uncovering emerging startups working to progress the future of artificial intelligence. In total, Microsoft Ventures and its partners will award $3.5M in venture funding and $2M in Azure credits.
Microsoft Ventures in partnership with Vertex Ventures Israel will award the winner of the Israeli competition an investment of $1M and $500K in Azure credits.
If an Israeli start-up will win the global completion for best leveraging AI to better society it will be awarded by Microsoft Ventures the “AI for Good” prize, that consistsof $500K in funding and $500k in Azure credits.
Israeli Startups harnessing AI for intelligent apps, services or platforms are encouraged to apply. Companies will be eligible to apply if they have raised less than $4M in combined equity funding and/or loans at the day of application and must introduce a product, service or platform which utilizes or intends to utilize AI techniques, as defined by relevant scientific research.
Submissions will be until Dec. 31, 2017
For more information, you can also check out Emanuel Timor, General Partner at Vertex Ventures Israel’s blog post.