Lausanne based Largo Films just won the Zinemaldia & Technology Startup Challenge at the San Sebastian Film Festival. In addition to the important recognition of its solution by the film industry, the venture specializing in data-assisted moviemaking pockets a prize of 10’000 euros and was granted access to the Basque Technology Park Network as well as potential funding of up to 500’000 euros.
Five virtual reality, artificial intelligence, blockchain and augmented reality projects were in competition in the first Zinemaldia & Technology Startup Challenge held in San Sebastian on September 22nd. The selected proposals, from Spain, France, Ireland and Switzerland, competed for a prize of 10,000 euros, free access for the first year to an incubation space at a BIC in the Basque Technology Park Network and potential funding of up to 500,000 euros
In this very competitive environment, Swiss venture Largo took the first prize and earned the recognition of the industry it targets with its solution. LargoAI, is a powerful data-driven artificial intelligence program that can actually understand the ingredients of a film and predict the audience reaction to each part. It can be introduced very early in the life of a film and can continue to help improve the movie at every stage of development. LargoAI empowers production companies with data-enhanced ROI uplift while massively reducing risk.
The first edition of the Zinemaldia Startup Challenge, the contest for entrepreneurs and recently created startups proposing new business projects based on the incorporation of new technologies to the audiovisual sphere, received 32 submissions from nine European countries (Denmark, France, Germany, Ireland, Italy, Portugal, Spain, Sweden and Switzerland).
(ES)
Picture: San Sebastian Film Festival
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