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The ever growing Israeli Generative AI landscape April 2023

VC Cafe

* Originally published on Calcalist , April 20 2023 Since the day ChatGPT was introduced in November 2022, it has become the fastest growing consumer product, putting the words ‘generative AI’ in the mainstream. Generative AI is advancing at a breakneck speed.

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Emerging Manager Mode: The VC’s version of “Do things that don’t scale”

VC Cafe

For example, our focus at Remagine Ventures on gaming, generative AI, and entertainment tech enabled us to create a relevant, focused network of founders, operators, co-investors and strategics who are active in our verticals. As a result, we started investing in generative AI in 2019, as a way to scale content creation.

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walker

Textio relied on both of these strategies for a few years before launching our first truly generative AI capabilities back in 2019. Like everyone else, we went distributed overnight in March 2020. Customers know what they’re getting when they first use the product and can make an informed choice.

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The Art of Non-Consensus Investing: Unlocking Venture Capital’s Hidden Gems

VC Cafe

In fund one, our strategic backers from the worlds of media and entertainment always instilled in us the interest to find technologies to scale and automate content creation, distribution and monetisation. That led us to start investing in generative AI in 2019 (consider that ChatGPT only came out in November 2022, that’s pretty early).

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The Israeli Generative AI startup Landscape (Sep 2023)

VC Cafe

So much has happened in the generative AI space globally, and in Israel since we published the previous version of the Israeli generative AI landscape, back almost exactly five months ago. So far in 2023, generative AI startups raised $16 billion, according to Dealroom. billion, a 2.5x

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Consumer startups still got Mojo

VC Cafe

Less than half of the amount invested in consumer in 2019 (14.3%). However, entrepreneurs have never really stopped building new consumer experiences and technology (in particular Generative AI) is unlocking a new wave of innovation in consumer startups. So much so, that in fact, that only 7.1% New data suggests they are.

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2023-2024 B2B SaaS Benchmarks

VC Cafe

The first time I wrote about startup benchmarks was in 2019 and it became one of the most popular posts on VC Cafe. As a pre-seed investor at Remagine Ventures , half of our investments are in B2B Software, especially around technologies in the content creation, distribution, monetisation and analytics space.

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