We are extremely proud to announce that Albatross, one of the promising new startups in our portfolio, has just raised €3M in a pre-seed round. 🎉
🚀Albatross is revolutionizing the AI sector with its next-generation personalization technology, opening up growth opportunities in eCommerce, media and online travel. Thanks to this round of funding, the team will be able to accelerate the development of its innovative solutions and simplify the implementation of AI for its customers.
Albatross AI uses deep learning, multi-armed bandits, and reinforcement learning to reshape online user engagement. By replacing outdated recommendation systems, cumbersome A/B testing and invasive cookie tracking, Albatross ensures real-time, dynamic personalization, driving increased engagement and revenue. 💻
Being able to develop such sophisticated ML algorithms would normally only be possible for tech behemoths with an unlimited budget, but Albatross is making truly performant personalization more accessible for different size companies.
👏Well done to the entire team and its founders: Kevin Kahn, Johan Boissard and Matteo Ruffini, for their vision and determination!
Thank you to Paul Bazin (Partner at daphni) and Cristian Pinto (Investor at daphni), our co-investors Marc Moesser and Dr. Oliver Pabst at redalpine, and business angels Apostolos Apostolakis of VentureFriends, Kabir Chhatwani of Altea Partners and Gilles Despas of Bark.com! 🤝
