São Paulo, Brazil – February 23, 2024 – Mantis-AI, a Brazilian pioneer in artificial intelligence for the media and entertainment industry, today announces a strategic investment from Comcast NBCUniversal, the world’s largest media and entertainment conglomerate.
The investment makes Comcast NBCUniversal a partner of Mantis-AI and foresees the future acquisition of an even more significant stake, transforming the North American group into the company’s second largest shareholder, behind only the founders.
Accelerating innovation with artificial intelligence:
The strategic partnership between the two companies opens a new chapter in the media and entertainment industry. Through artificial intelligence, Mantis-AI will collaborate with Comcast NBCUniversal to develop innovative solutions that transform the way content is created, distributed, and monetized.
Mantis-AI’s expertise in video data capture and structuring will be essential for:
- Speeding up content production
- Automated and data-driven organization of collections
- Fast and scalable editing of all video content
- Transforming videos into business insights
Mantis-AI among the 10 global winners of an acceleration contest:
Mantis-AI was also selected to participate in the renowned Comcast NBCUniversal SportsTech Accelerator, a program that propels innovative startups with resources, mentorship, and industry connections.
Driving the future of media and entertainment:
Mantis-AI joins a select group of just 10 innovative startups selected from 1,500 applicants worldwide for the Comcast NBCU SportsTech Accelerator, a six-month program that provides an ideal environment for the development and refinement of its technology, with a focus on implementing solutions within the program’s partners. Through mentorship from Comcast NBCU experts, access to cutting-edge resources, and connections with industry leaders, Mantis-AI is at the forefront of transforming the media and entertainment industry.
“Being part of the Comcast NBCU SportsTech Accelerator is a crucial milestone for Mantis-AI,” said Vini Gholmie, founder and CEO of Mantis-AI. “This partnership combines strategic aspects, business opportunities, and positioning in a market that has yet to see its winners. Standing alongside the world’s largest media group not only strengthens our company but also has the potential to guide the industry’s transformation in the years to come.”
About Mantis-AI:
Mantis-AI is a video intelligence company that uses AI algorithms to transform videos into enriched data insights. Its solutions empower creators, broadcasters, and media agencies with intuitive tools for generating, distributing, and evaluating video content.
About Comcast NBCU SportsTech:
Comcast NBCU SportsTech is a pioneering accelerator program that invests in and develops the next generation of technology for the sports industry. The program finds, funds, and partners with innovative startups to promote products and create engaging fan experiences.
This investment by Comcast NBCUniversal in Mantis-AI is a historic milestone for the Brazilian media and entertainment industry. The partnership between the two companies has the potential to revolutionize the way content is created, distributed, and monetized, driving innovation and growth in the sector.
The percentage of participation cannot be disclosed due to the confidentiality of a publicly traded company, but in addition to the immediate investment, the US group has signed a preference and interest to acquire an even more significant stake in Mantis, becoming its second largest shareholder after the founding partners.
