North AI Raises £580K to Enhance AI Development for Media and Entertainment Industry

North AI's Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: North AI, an AI-powered insights platform for the media and entertainment industry, raised £580K in Pre-Seed funding.
• Investors: Innovate UK and SFC Capital participated in the funding round.
• AI Development: The funding will be used to enhance North AI's AI development, enabling streamers, producers, studios, and advertisers to make data-driven decisions about their content.

North AI's Target Market

• Media and Entertainment Industry: Film and TV studios, streamers, UGC creators, and agencies seeking insights and predictions about the value, demand, and marketability of video content.
• Advertising Industry: Future plans to expand into the advertising space, providing data-driven insights for advertisers.

What North AI Needs to Buy

• Data Partnerships: Collaborations with media companies and streaming platforms to access primary data for their AI model.
• AI and Data Science Expertise: Hiring AI and data science professionals to enhance their AI model and develop advanced predictive analytics capabilities.
• Marketing and Sales Support: Services to help North AI reach and acquire customers in the media, entertainment, and advertising industries.