Peech News
3 articles
growth-positive
Peech raises $8.3 million Seed funding to expand AI-driven content generation for brands CTech
Israeli startup Peech has raised $8.3 million in a Seed funding round led by Ibex Investors. Peech has developed an NLP and AI-powered automatic video editing solution that transforms raw video footage into branded videos in seconds. The company plans to use the funding to expand its AI capabilities and diversify its media creation solutions. Peechs platform has already been successfully used by companies like SimilarWeb, Namogoo, Hibob, Natural Intelligence, and Circles. With Peech, brands can create high-quality video content in-house, removing the need for external experts or tools. The algorithm analyzes the verbal content of the speaker and adds visual elements based on each companys brand book, context, distribution channel, and marketing goals.
CustomersInvestment
growth-positive
YouTuber Nas Daily invests in Israeli video editing startup
Israeli startup Peech offers a platform for creating and editing company videos using AI and NLP. Users can upload raw materials and customize their brand book for the videos. Peech automatically transcribes and analyzes the videos audio to create a professional-looking video with features like subtitles, special effects, and music. Users can delete sections of the transcribed text if needed. Peech recently completed an $8.3 million seed fundraising round led by Ibex Investors, with participation from Fresh Fund, Cardumen Capital, Ariel Maislos, and YouTuber Nas Daily.
Investment
growth-positive
Startup+ Competition: These startups create innovative products for everyday use
Fifteen companies have advanced to the semifinals of Calcalists Startup+ competition. The companies presented their solutions and answered judges questions. The judges will choose five companies to attend the finale, where the most innovative startup of 2020 will be chosen. The first and second-place winners will receive monetary prizes and professional consulting.
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