The Deal Room – Connecting African 4IR Startups & Scale-ups with Capital
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).
AI Media Group is the publisher of AI and Data Science quarterly magazine Synapse, the AI TV YouTube channel, as well as the curator and organiser of AI Expo Africa — Africa’s largest B2B / B2G trade-focused AI, Robotic Process Automation and Data Science conference — which has been a great success over the last three years.
The annual expo has seen AI Media Group amass a database of over 1000 companies, most of which are Africa-based tech startups, scale-ups or small and medium sized companies. The company has regularly been asked by some of these companies to make introductions to investors and also observed the challenges faced by startups, such as access, transparency, intermediaries and fees. Although AI Media Group has been able to connect some of these companies with investors in the past, the number of requests have been on the rise and the firm now wants to improve on this service in terms of scale, process formalisation and automation through the launch of The Deal Room.
Connecting you to investors already focused on the African 4IR sector
The Deal Room’s primary aim will be to direct 4IR, AI and smart tech companies seeking funding to investors, VCs and organisations who are interested in backing firms in this rapidly growing sector. The Deal Room has attracted six launch partners, namely Cirrus AI, Cape AI Ventures, Knife Capital, E4E Africa, Britegaze and Intelligent Impact that are interested in the 4IR tech space in Africa or who have a track record of similar investments to date.
Apply NOW !
The Deal Room’s biggest selling point is there is no complicated paperwork, costs or loss of equity for companies looking to use the platform. You simply answer a set of basic questions on the nature of your investment needs, details about your company, product or services. The AI Media Group then passes this on to the most appropriate investors(s). Just like internet dating, our goal is to make a perfect match, and speed up the process of investment capital flowing into the African 4IR tech sector. Startups and scale-ups looking to submit their requests for funding can do so via our confidential online submission process that takes 10 minutes.