Mitgo Group, a leading entity in the MarTech industry, is intensifying its commitment to AI by investing in Spanish startup studio AILABIKA. This strategic move highlights Mitgo's focus on advancing AI technologies within MarTech, AdTech, and affiliate marketing sectors. The initial investment marks the beginning of a deeper collaboration aimed at leveraging AI to drive significant progress in these niches.

• Partnership with AILABIKA: Mitgo's investment is directed towards AILABIKA, a startup studio specializing in AI-driven business ideas, consulting, and startup creation.
• Historical Ties: Mitgo has had a long-standing relationship with AILABIKA’s team, including investing in early ventures led by AILABIKA CEO Kyrylo Kravchenko, who has a distinguished career in IT and entrepreneurship.

Leadership Insights

• Max Volokhov, CEO of Mitgo Ventures:

  • “No reports or expert advice can replace personal experience. AI is not just a buzzword for us but a practical tool that can advance our sectors. Our investment in AILABIKA reflects this belief, and we’ve already seen our understanding of AI nearly double.”

• Kyrylo Kravchenko, CEO of AILABIKA:

  • “Our goal for the coming year is to launch at least 2 AI-based projects with an ARR of $10 million in the first year. The AI market is set to grow, and we anticipate that artificial general intelligence (AGI) will profoundly impact all aspects of life.”

AILABIKA’s Role and Ambitions

• Focus Areas: AILABIKA is dedicated to validating business ideas, providing AI consulting, and developing startups using AI technologies. The company acts as both an R&D center and a startup incubator.
• Upcoming Projects: AILABIKA is currently engaged in multiple projects within the MarTech and AdTech industries, positioning itself as a significant resource for AI expertise and innovation.

Mitgo Group's investment in AILABIKA marks a significant step towards integrating AI into its core business areas. By leveraging AILABIKA’s expertise and resources, Mitgo aims to drive innovation and achieve substantial growth in AI applications across MarTech and affiliate marketing.