longform.ai, co founded by Paul Groth, ICAI's Discovery Lab Lab Director, secures €300,000 in Funding
Amsterdam-based AI startup longform.ai, a spin-off from the University of Amsterdam, has received €300,000 in funding from Innovatiefonds Noord-Holland.
![](https://cdn.prod.website-files.com/658f265af26f3187eb6b03b0/669e0e9b298384ca65becfca_portrait2.jpg)
Founded in June 2023 by Paul Groth, ICAI's Discovery Lab Lab Director, and Pim Stouten, longform.ai develops a generative AI platform to extract and interpret insights from large volumes of audio data, such as podcasts and webinars. This innovation addresses the growing challenge for analysts, researchers, and business decision-makers to distill relevant information from extensive online conversations.
Pim Stouten, Co-Founder of longform.ai, highlighted the impact: "By compressing audio into searchable and combinable insights, longform.ai simplifies the work of analysts and researchers."
Ludolf Stavenga, Fund Manager at Innovatiefonds Noord-Holland, praised the team: "Supporting a strong AI and B2B data team helps in extracting crucial information from vast unstructured data to identify trends and stay competitive."
About longform.ai: "longform.ai is a spin-off of the UvA and develops a subscription-based AI service that delivers insights from large amounts of audio data, such as podcasts and webinars. Longform.ai combines a unique technology pipeline with source curation and AI-generated data, delivering relevant and valuable insights to its clients. Proving the provenance of these insights is crucial so that longform.ai’s clients can base their decisions on the quality of the original information source." www.longform.ai
About Innovatiefonds Noord-Holland: "The Innovatiefonds Noord-Holland is an initiative of the Province of Noord-Holland, University of Amsterdam, Vrije Universiteit, Hogeschool van Amsterdam, Amsterdam UMC and Sanquin. The fund supports entrepreneurs in Noord-Holland in financing innovations in the Proof-of-Concept phase by offering convertible loans. Innovatiefonds Noord-Holland manages two funds: one for innovative startups, supported by RVO, and one for academic startups, supported by ERDF." www.innovatiefondsnoordholland.nl
The article from Innovatiefonds Noord-Holland can be found here.