Ghanaian startup, Copianto AI, an enterprise AI search infrastructure platform, has managed to secure a €100,000 investment made by four prominent sharks during Season 03 of Shark Tank Malta, on 22nd January, 2024.
The investors are notably, Chairman of Malta’s Bajada Group and BajadaLyons Group, Mark Bajada, CEO of Brown’s Pharma group, Alexander Fenech, Co-Founder of Skrill, Dr. Kirsy Kullboer Rojo, and CEO and founder of Dino Fino Group, Dino Fino. All prominent figures in Malta and the EU region.
Copianto AI Background:
Copianto AI was originally founded in 2022 by Timothy K. Afrane Wuo-Asare, Alex Boateng, Daniella Darlington and Sosu Alfred, four alumni of the Meltwater Entrepreneurial School of Technology (MEST Africa) in Accra, Ghana.
The startup, which focuses on text generation and analytics, has evolved to provide robust enterprise-level search infrastructure solutions. The company empowers organisations to build and deploy AI-driven apps seamlessly across various platforms and industries, with a particular emphasis on advancing conversational AI applications.
The successful investment marks a key milestone for Copianto AI and positions the company for strategic growth and expansion into the broader European Union (EU) market.
Strategic Investment and Market Focus:
The €100,000 gained from the investment will be used to establish Copianto AI’s local headquarters in Malta, serving as a central hub for the company’s expansion across Europe. The investors collectively hold a 30% equity stake in the Maltese company.
As part of the investment deal, Copianto AI’s solution will be integrated into the holding and portfolio companies of the participating sharks, showcasing their belief in the transformative potential of Copianto AI’s technology. The strategic collaboration positions Copianto AI for accelerated growth, market penetration, and widespread adoption of AI-driven search infrastructure across industries within the EU market.
Copianto AI’s Future Plans:
With the establishment of its Maltese headquarters, Copianto AI envisions playing a pivotal role in reshaping the conversational AI landscape within the EU market. The company aims to be a leader in driving the adoption of AI-driven search infrastructure across diverse industries, marking the beginning of an exciting chapter in its journey.
The successful investment from prominent sharks in Malta not only provides essential capital but also brings strategic partnerships and industry influence that will contribute to Copianto AI’s continued innovation and success in the evolving field of AI and search infrastructure.