VidLab7 funding news – Munich-based VidLab7 Secures €3.5 Million in Seed Funding

Leading their seed round is EQT Ventures, a renowned venture capital firm recognized for backing visionary tech startups. Alongside EQT Ventures, they have garnered the support of approximately 10 prominent super angels. Their combined expertise and networks will undoubtedly accelerate their journey toward revolutionizing customer engagement.

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VidLab7 is spearheaded by two seasoned entrepreneurs with a proven track record of success:

Fabian Beringer, CEO: Fabian is one of the key minds behind the successful AI-driven customer service company e-bot7. His entrepreneurial prowess was highlighted in 2021 when he sold e-bot7 to LivePerson, a NASDAQ-listed leader in conversational commerce solutions. His experience and vision are invaluable assets to VidLab7.

Georgi Anastasov, CTO: Georgi is an AI expert with a history of innovation in the sports industry through his company Solos Mirrors. After exiting Solos Mirrors, Georgi lent his expertise to various ventures as a consultant before joining VidLab7. His deep understanding of AI applications and technology development strengthens our core technical capabilities.

It’s AI technology enables the creation of personalized videos at scale, a game-changer for sales, outreach, up-selling, cross-selling, and customer success. Their platform allows businesses to engage with their customers in a highly personalized manner, driving better engagement and higher conversion rates.

With the secured funding, it is set to accelerate product development, enhance AI capabilities, and bring their groundbreaking solutions to the market. Their focus remains on empowering businesses to connect with their customers in more meaningful and impactful ways.

Fabian Beringer, CEO of VidLab7 said, “Securing this funding is a major milestone for VidLab7. It validates our vision and allows us to accelerate our efforts to revolutionize customer outreach,” “We are thrilled to have the support of EQT Ventures and our super angels as we embark on this exciting journey.”

Georgi Anastasov, CTO of VidLab7, commented, “The potential of AI in transforming customer interactions is immense. At VidLab7, we are committed to harnessing this potential to create impactful, personalized experiences at scale.”

About VidLab7

VidLab7 is poised to make significant strides in the AI-driven personalized video space. They invite you to join them on this exciting journey as they continue to innovate and redefine customer engagement.