Contents.com, a Milan-based startup that uses AI to offer multi-lingual content generation services has raised $18 million in a Series B round. The capital will be used to drive global expansion efforts as well as further develop the company’s offer, including orchestration functionality.
The round was led by existing investor Synergo Capital, with Azimut Digitech Fund, Invictus Capital, and Thomson Reuters Ventures participating.
"The Contents.com team has built an application that enables the practical use of generative AI for enterprise content creation,” commented Thomson Reuters Ventures’ managing director Tamara Steffens. “We are excited to work with them to bring the application's rich capabilities to our teams and to our customers so that in turn, they can create high quality multilingual content.”
Contents.com counts IKEA, Allianz, billboard, Netgear, and lastminute.com amongst its client list and offers AI-powered content creation services ranging from text, to audio, to video, and animations. The firm acquired Italian content marketing agency Scribox mid-last year.
The company has an ambiguous founding date, however, it’s founder, Massimiliano Squillace, lists his position as co-founder and investor at Milan-based content marketing agency Wecontent concluded as of November 2020.
Wecontent self describes as:
“We are the first Italian content house, we deal with content and digital marketing. We produce original content for the web, designed and written not only for search engines (SEO oriented), but also for users.”
Squillace lists his commencement as CEO and founder of Contents.com in November 2020, and his new company description as:
“We help businesses to create quality content through Generative AI tools and customized solutions.”
On the investment, Squillace commented:
“This funding will push us beyond traditional boundaries, revolutionising high-quality, multilingual content creation globally. We're committed to transforming global communication, connecting ideas and cultures through AI-based advanced solutions. Together with our partners, we're redefining the global tech landscape, making an impact well beyond our corporate growth”
Lead image via Contents.com