Wednesday, May 2, 2018

M12 Awards $3.5M To Most Innovative Companies Harnessing The Power Of AI

On Tuesday, M12, Microsoft Corp.’s venture fund (formerly known as Microsoft Ventures), announced at Collision Conference the four winners of its global startup competition, Innovate.AI: Envisagenics, Hazy, ZenCity and Voiceitt. Together with Madrona Venture Group, Notion and Vertex Ventures, M12 awarded the four winners a combined $3.5M in venture funding and up to $2M in Microsoft Azure credits to help progress the future of artificial intelligence. 

In October, M12 and its venture partners kicked off a global competition called Innovate.AI in a bid to find undiscovered startups around the world working to transform the future through AI. Hundreds of startups across North America, Europe and Israel applied to compete for their region’s respective prizes and demonstrate how artificial intelligence can advance how we live and work.