InstaDeep is very proud to have been included in the 2022 CB Insights AI 100 – a comprehensive listing of the 100 most promising private AI startups in the world. This marks the third consecutive year that InstaDeep has been named on the influential index.
InstaDeep is one of only eight companies worldwide to have been awarded in 2020, 2021 and 2022, standing alongside fellow AI industry leaders such as Graphcore, Tractable and Hugging Face; and as one of only three UK-headquartered businesses within that group. It is also the lone bootstrap venture in the cohort, started with just $2000 and two laptops less than 10 years ago.
“We are honoured to have been included in the CB Insights AI100 list for the third year in a row. It speaks directly to the dedication and hard work of everyone across the business. Having our success recognised in this way is a super tribute to the whole InstaDeep team, and I am so pleased to share the news,” said Karim Beguir, InstaDeep’s Co-Founder and CEO.
Brian Lee, SVP of CB Insights’ Intelligence Unit added: “Last year’s AI 100 companies had a remarkable run, raising more than $6 billion, including 20 mega-rounds worth more than $100 million each. We’re excited to watch the companies on this year’s list continue to grow and create products and services that meaningfully impact the world around them.”
The AI 100 list is now in its sixth year, and ranks companies based on strict evidence-based criteria. The analysts at CB Insights evaluate AI companies on multiple factors such as technological innovation, market potential, partnerships, the competitive landscape they operate in, investor quality, company news and more. The data is fed into a proprietary scoring system which quantifies each company’s health and growth potential and likely trajectory for continued momentum and innovation.