TL;DR:
- Milan-based startup Contents.com has successfully raised $18 million in a Series B funding round.
- The funds will be utilized for global expansion and the development of orchestration functionality.
- Leading the round was existing investor Synergo Capital, with participation from Azimut Digitech Fund, Invictus Capital, and Thomson Reuters Ventures.
- Contents.com’s AI-driven content generation services cater to major clients such as IKEA, Allianz, Billboard, Netgear, and lastminute.com.
- The company acquired Italian content marketing agency Scribox last year.
- Massimiliano Squillace, the co-founder and CEO, aims to redefine global communication through AI-based solutions.
Main AI News:
In a bold move towards revolutionizing the content creation landscape, Milan-based startup Contents.com has successfully secured $18 million in funding during its Series B round. The company, renowned for its innovative use of AI in providing multilingual content generation services, now sets its sights on global expansion and further enhancement of its offerings, including the integration of orchestration functionality.
This substantial funding round was spearheaded by Synergo Capital, a steadfast existing investor, while Azimut Digitech Fund, Invictus Capital, and Thomson Reuters Ventures also joined forces to support Contents.com’s ambitious endeavors.
Tamara Steffens, the Managing Director of Thomson Reuters Ventures, praised Contents.com’s groundbreaking application, stating, “The Contents.com team has built an application that enables the practical use of generative AI for enterprise content creation. 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.“
Noteworthy clients on Contents.com’s roster include industry giants such as IKEA, Allianz, Billboard, Netgear, and lastminute.com. The company is renowned for its AI-powered content creation services spanning text, audio, video, and animations. Adding to its prowess, Contents.com acquired the Italian content marketing agency Scribox midway through the previous year.
While the exact founding date of Contents.com remains ambiguous, Massimiliano Squillace, the co-founder and investor, is the driving force behind the company. His previous role as co-founder and investor at Milan-based content marketing agency Wecontent concluded in November 2020. Wecontent is self-described as “the first Italian content house,” specializing in producing web content that caters to both search engines (SEO-oriented) and user engagement.
Squillace officially took the helm as CEO and founder of Contents.com in November 2020, aligning the company’s mission with its new identity: “We help businesses to create quality content through Generative AI tools and customized solutions.“
Reflecting on this significant investment, Squillace shared his vision, stating, “This funding will push us beyond traditional boundaries, revolutionizing high-quality, multilingual content creation globally. We’re committed to transforming global communication and 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.“
Conclusion:
Contents.com’s successful funding round not only reinforces its position as a leader in AI-powered content generation but also signals a strong demand for advanced multilingual content creation services in the market. With its global expansion plans and commitment to innovation, Contents.com is poised to reshape the landscape of content creation, offering businesses powerful AI-driven solutions for high-quality, diverse content needs. This development underscores the growing importance of AI in content marketing and communication strategies, highlighting the need for businesses to stay ahead by leveraging such technologies.
