Launch Factory partners with WowYow, Inc to bring new Computer Vision AI technology to next generation startups
In a new partnership, Launch Factory will leverage WowYow's revolutionary IP to launch computer vision AI startups across multiple emerging verticals.
SAN DIEGO, Feb. 1, 2022 /PRNewswire-PRWeb/ -- Launch Factory, a venture studio based in San Diego, has recently announced a technology partnership with WowYow, a visual artificial intelligence (AI) company. Through this partnership, Launch Factory plans to leverage WowYow's proprietary computer vision IP to launch multiple new businesses in 2022.
Since 2016 WowYow has been leveraging its computer vision technology in the media industry to automate the analysis of publisher video and image content and to serve contextually relevant advertisements without relying on user tracking and third-party cookies. Three key advantages that make WowYow's AI platform highly competitive are its cost-effective processing engine, smart detection algorithms, and applied AI solutions.
Launch Factory has identified several promising verticals and disruptive market applications for WowYow's revolutionary AI computer vision technology. As part of this innovative partnership, the company plans to build multiple startups in 2022 and bring the benefits of WowYow's technology to multiple new markets and audiences in parallel. Launch Factory's prior experience and strengths as a venture studio, including founder recruitment, its advisory networks, and incubation support will all help ensure the successful development of each new company.
"WowYow is one of the most technologically innovative companies I've encountered." Says Brad Chisum, Launch Factory Partner and CEO. "We are excited to partner with WowYow to bring that same innovative mindset to how they think about business. Together we will create multiple Computer Vision startups to develop new customers for their AI platform technology."
"The partnership between WowYow and Launch Factory will be truly symbiotic as WowYow will see our technology deployed across new markets and Launch Factory gets to build and launch compelling new companies utilizing WowYow's proprietary IP," said Jarett Boskovich, WowYow Chief Marketing Officer. "WowYow has already seen huge success in the media industry and this new partnership with Launch Factory is an exciting way for us to expand and provide solutions to brand new industries."
About Launch Factory:
Launch Factory (http://www.launchfactory.com) is a venture studio based in San Diego, California with a unique pathway for launching successful companies. They bring together talented founders, elite advisors, seed capital, vetted market opportunities, and an accelerator program to give entrepreneurs the unfair advantage to launch great startups. Launch Factory's mission is to deliver new levels of startup success for its founders and investors.
About WowYow, Inc:
WowYow, Inc. (http://www.wowyow.com) is a visual artificial intelligence (AI) company. It's mission is to democratize the use of computer vision AI and empower data-driven applications that will address real-world challenges and opportunities. WowYow is a privately owned company, with a presence in major cities across the U.S., as well as satellite teams in India and Serbia. For more information, please visit wowyow.com.
LinkedIn Profile: http://www.linkedin.com/company/launch-factory-sd/
Media Contact
Bradd Schofield, Launch Factory, +1 (949) 614-9641, [email protected]
SOURCE Launch Factory
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