Batazia

Direct Message
August 21, 2023
Data is self reported
Batazia is developing AI translation into all African languages to overcome language barriers in Fintech, E Commerce, E learning by using NLP language models.

Achievement

we are building language models for our prospective customers in the language they require. After we use them for the cllient, we have these models available for other use. We have a very good network in the NGO world and in the Fintech world, where our prospects like us to develop language API's to be able to connect to their clients in their mother tongue. This creates trust and grows conversion. We hae raised 350.000 k and have been chosen to speak at several conferences, such as Crossing Borders, London Tech Week, ATS, Digital Demo Days, Rubio Power People etc.

Founded in

2022

Country

Netherlands

Industry

AI/ML, DeepTech, Ecommerce, EdTech, FinTech

SDGs

No poverty (SDG #1), Quality education (SDG #4), Decent work and economic growth (SDG #8), Reduced inequalities (SDG #10), "Peace, justice and strong institutions (SDG #16)"

Patent information

no

Team

Number of founders

pre-revenue

Number of employees

Yes

Founder backgrounds

McKinsey, Stripe

Exit experience

Yes

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

Yes

In the news

Investment details

Amount raising

1000000

Ownership founders

80-99% owned by founders

Lead investor

no

Current investors

Angels 50.000 Crowdfunding 150.000 Pre seed 150.000

Intended closing date

Q1

Fundraising status

Already committed

0

Revenue Metrics

Monthly revenue

pre-revenue

Monthly growth

not growing

Paying customers

0

Monthly active users

Batazia is developing AI translation into all African languages to overcome language barriers in Fintech, E Commerce, E learning by using NLP language models.
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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OTHER

Year founded
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
pre-revenue
Growth rate month over month
not growing
Monthly revenue context
We are just signing the first b2b contracts. Our b2c product is not on line yet
Number of paying customers
0
Monthly active users

INVESTMENTS

Do you have a lead investor?
no
How much have you raised in the past?
Angels 50.000 Crowdfunding 150.000 Pre seed 150.000
How much of this round already committed?
0
When are you aiming to close this round?
Q1

TEAM

How much time do the founders spend on the business?
90-99%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
Yes
What percentage of company is owned by founders?
80-99% owned by founders
Is there a women founder with at least 5% of the shares?
Yes
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Founder graduated from TU Delft, EUR or Erasmus MC
Graduation year from EUR, Erasmus MC or TUDelft
2011

OTHER

Year founded
2022
Patent status
no

Basic details

Amount raising
1000000
Country
Netherlands
Industry
AI/ML, DeepTech, Ecommerce, EdTech, FinTech
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
August 21, 2023

Key Achievements

  • we are building language models for our prospective customers in the language they require. After we use them for the cllient, we have these models available for other use. We have a very good network in the NGO world and in the Fintech world, where our prospects like us to develop language API's to be able to connect to their clients in their mother tongue. This creates trust and grows conversion. We hae raised 350.000 k and have been chosen to speak at several conferences, such as Crossing Borders, London Tech Week, ATS, Digital Demo Days, Rubio Power People etc.
  • We have access to 571 African languages so far, outof the 3000 that are estimated to exist in Africa. We are adding languages each week.

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