Advancing AI is an accelerator program organized by Techcelerator - SEED Startups Accelerator and Investment Partner in the EEA - and Google for Startups for startups in the region creating MVP and Investment Readiness products based on AI (Artificial Intelligence) solutions.

The Advancing AI #3 accelerator program ran for ten weeks in the first quarter of this year. 114 start-ups applied for Advancing AI #3, of which 15 were selected for the ten-week program. Nine of these have completed the program and will present their products, progress, and growth plan at the bi-annual Investors Day event taking place today, 23 May, at Mercato Kultur in Bucharest. Investors Day #4 is an opportunity to interact with innovative start-ups and learn about the latest trends in the industry.

Registration for the event can be done by clicking here.

The jury includes:

  • Dan Mihăescu - Founding Partner GapMinder VC
  • Rumen Iliev - Partner LAUNCHub Ventures
  • Ondrej Bartos - General Partner Credo Ventures
  • Dan Oros - Head of Marketing Google & YouTube Romania | Strategy & Ops in CEE
  • Mircea Ghiță - Country Manager SeedBlink

The event will also include a debate on European investment rounds for Artificial Intelligence, with a focus on South East Europe.

Speakers for this debate will be:

  • Cristian Dascălu - Managing Partner Techcelerator & debate moderator
  • Dan Mihăescu - Founding Partner GapMinder VC
  • Rumen Iliev - Partner LAUNCHub Ventures
  • David Cruz e Silva - Founder & syndicate lead EU.VC

The startups presenting pitches at Investors Day #4 are:

MVP track:

  1. Alter Medico - develops a marketplace and data management framework for healthcare providers by centralizing applications based on Artificial Intelligence (AI) algorithms
  1. EDNEOS - is an educational assistant that increases the performance of learning and memorization
  1. – automates company processes efficiently, quickly and securely

Investment Readiness track

ZayaAI - develops a platform dedicated to pathologists for remote diagnosis and collaboration (telepathology), decreasing diagnostic time, laboratory costs and human error rates

Agora Robotics - develops an ecosystem of autonomous mobile robots (hardware and software) that help automate logistics and cleaning processes for companies managing warehouses: retailers, airports, logistics centres - develops a platform that helps companies improve their customer retention rate by creating guided tours, surveys and in-app ads

UltronAR - is a platform that helps to intuitively and quickly build AR games without the need for programming skills. Games can be created by educational institutions, companies, institutions, but also by individuals who want to create games out of passion

BabyFM - is developing an IoT-based wearable system for continuous body temperature monitoring that analyses incoming data and provides recovery predictions (based on treatment data entered by the user) and medication dosing recommendations

Hound Bytes - redefines the idea of Security Operations Center as a Service by creating a platform that combines threat intelligence, incident response and security analytics to help companies proactively identify and mitigate security threats

FactoryAI (alumni) - is a non-code platform that improves business efficiency by automating repetitive content and understanding tasks.

Access to Google's premium resources - experts, network and advanced technologies

The selected start-ups benefited from a customized business case validation and optimization programe in which they worked with mentors with technical and business development expertise in artificial intelligence and access to international markets.

Those wishing to pre-register for the next edition of Advancing AI#4 can do it by clicking here: They will have access to consultation and validation meetings.

Advancing AI #3 targeted start-ups with an established team of specialists with complementary skills whose product is at MVP (Minimum Viable Product) or Investment Readiness stage.

To increase the pace of company formation, starting with this edition, the programme included two parallel and complementary cohorts (tracks) - one of "MVP Acceleration", dedicated to early-stage companies with a prototype being validated, and one of "Investment Readiness", which targeted companies with traction and go-to-market strategy, companies ready to raise pre-seed/seed rounds.