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Contents.com Launches Crowdfunding Campaign on Crowdcube to Accelerate Its Expansion Across Europe

Contents.com, a Generative AI scaleup, has launched a crowdfunding campaign on Crowdcube. With past success in fundraising, including over 10 million euro from investors like Thomson Reuters and Alkemia Capital, the company now aims to raise 1 million euro from the public.

The campaign follows successful funding rounds and aims to strengthen its European market presence in 2024. CEO Massimiliano Squillace highlights 2024 as a pivotal year, with funds directed towards growth in core markets and expansion into the UK, Germany, and the U.S.

Contents.com saw remarkable growth in 2023, with its annual recurring revenue rising from 6.7 million euro to 10.7 million euro, a 75% increase year-on-year. Operating in Italy, Spain, and France, the company plans to expand further into new markets.

The market for generative AI continues to grow, with significant investment and projected growth, positioning Contents.com as a leading player in the industry. The platform serves notable clients such as Sainsbury's and Porsche.

R. E.

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