, Sora by OpenAI, Fintechs, Liseners and Madrid on fire๐Ÿ”ฅ., Sora by OpenAI, Fintechs, Liseners and Madrid on fire๐Ÿ”ฅ.

Updated on Feb 16, 2024

1. , the startup to buy rooms in shared flats, raises โ‚ฌ400,000 in pre-seed ๐Ÿšช๐Ÿ”‘.

The startup has closed a pre-seed funding round of โ‚ฌ400,000. Its value proposition is simple but, until now, not well known: it is based on the growing demand for rental rooms in shared flats for singles ๐Ÿ‘ฉ๐Ÿป or couples ๐Ÿ‘ฉโ€โค๏ธโ€๐Ÿ‘จ, goes a step further and offers this type of rooms for purchase.

This seemingly strange approach of the proptech, when analyzed, connects directly with the generational problem ๐Ÿ˜“  of Millennials and Gen Z: they can't access a home because they need to save to pay the down payment. But instead of saving, they must face the cost of rent (often for rooms due to rising rental prices) and get into a cycle of high rent payments-inability to save ๐Ÿคฆ๐Ÿปโ€โ™€๏ธ๐Ÿฆ.

How do they seek to resolve this?: by offering rooms for ownership, with a mortgage price similar to what would be paid for rent, which can be resold when the time comes and capitalized to pay for the down payment of another owned property ๐Ÿก. In this resale, the startup helps the owner to find a buyer or ensures a re-purchase to guarantee liquidity ๐Ÿ’ธ.

The fine print is covered: their clients become true owners, registered in the Property Registry ๐Ÿ” and under a agreement that protects their interests of cohabitation and against possible defaults of co-owners ๐Ÿ™…๐Ÿปโ€โ™€๏ธ.

The goal of the round is operations ๐Ÿ—‚๏ธ and the validation of their business model, along with expansion ๐Ÿš€ to cities like Barcelona, Madrid, Valencia, Granada and Alicante.

From roomie ๐Ÿ‘ฑ๐Ÿผโ€โ™€๏ธ to ownie ๐Ÿ‘ฉ๐Ÿผโ€๐Ÿ’ผ, we will see if it transforms the reality of a whole generation.

๐Ÿ‘‰๐ŸปDiscover more about this round here and how it's turning the real estate market upside down ๐Ÿฆต๐Ÿผ๐Ÿ˜๏ธ

๐Ÿ‘‰๐Ÿป If you need help starting or consolidating a digital-based business ๐Ÿš€ we can help you understand your audience, define your business model and develop it with the best UX and technology. [Schedule a meeting with our experts here] ๐Ÿ“… and one of our advisors ๐Ÿ“ฒ will contact you to discuss your project.

2. OpenAI launches Sora, its text to video AI model โŒจ๏ธ > ๐ŸŽฅ

OpenAI doesn't give us a break (fortunately ๐Ÿ˜Š) and has just launched Sora to the world, its flagship video generation model. As they announce, Sora is capable of creating realistic and imaginative scenes from textual instructions. This text to video model allows users to create photorealistic videos of up to a minute โฑ๏ธ in length based on the texts they write.

At first, it is capable of:

  • Generating complex scenes with multiple characters ๐Ÿ‘ฉโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ง, specific types of movement and precise details of the subject and the background,* according to the OpenAI blog.

  • It can understand how objects exist in the physical world ๐Ÿฆ…*.*

  • It is capable of precisely interpreting accessories and generating convincing characters that express vibrant emotions ๐Ÿ˜ฐ.

The starting point can also be a still image ๐ŸŒ‰, from which a video is generated, as well as completing missing frames in an existing video or extending it ๐Ÿš‚.

The demos generated by Sora included in the OpenAI blog post feature an aerial scene of California during the gold rush โš’๏ธ and a video that seems to have been recorded from inside a train in Tokyo ๐Ÿ’บ, among others.

As some videos hint at having been generated by AI ๐Ÿค–๐Ÿ‘๐Ÿผ, OpenAI admits that the model may struggle to accurately simulate the physics of a complex scene, but the results are overall quite impressive ๐Ÿ˜ฎ. Aside from some weightlessness, everything else is fine ๐Ÿซจ.

For now, Sora is only available to "red teamers" ๐Ÿง‘๐Ÿผโ€๐Ÿ’ป who are evaluating the model for potential risks and damages and to some visual ๐Ÿง‘โ€๐ŸŽจ artists, designers, and filmmakers for feedback.

๐Ÿ‘‰๐Ÿป Here to read the Sora news by OpenAI on The Verge.

๐Ÿ‘‰๐Ÿป Here to watch the generated videos with some examples from the AI company (here for another short version video).

3. The Fintechs that could go public in 2024 and that we can't take our eyes off ๐Ÿ””๐Ÿ‘๏ธ.

The Fintech sector is on fire ๐Ÿ”ฅ  and it seems that several companies are preparing to make the big leap to the stock market in 2024. Among the names that are strongly rumored are:

Stripe, the queen ๐Ÿ‘ธ๐Ÿป of online payments, which after hiring a new CFO, could be warming up for its IPO ๐Ÿ.

Chime, with its financial app that is already a must-have and became famous, beloved and handy for advancing ๐Ÿ“ฉ the paycheck in the USA market ๐Ÿ‡บ๐Ÿ‡ธ.

Klarna flagbearer of buy-now-pay-later online ๐Ÿ›๏ธ, on its part, plays at being mysterious but has already confirmed to TechCrunch movements towards a possible IPO.

Lendbuzz is preparing for a movie ๐ŸŽฌ valuation, thanks to its product: it offers loans to acquire a vehicle ๐Ÿš— to people without a credit history in the USA.

๐Ÿ‘‰๐Ÿป Here to read the complete news and meet the other 6 companies in the Fintech world ๐Ÿค‘ that will surprise us this year by ringing the bell for their IPO (or not ๐Ÿคท๐Ÿปโ€โ™€๏ธ).

4. Liseners, the platform to find someone to listen to us ๐Ÿ‘‚๐Ÿป๐Ÿฅน.

It was born in Barcelona and it's called Liseners: it is a startup that promises to be the balm for those gray days โ›ˆ๏ธ, offering active listening through personalized online sessions๐Ÿ—ฃ๏ธ๐Ÿ’ฌ.

Its promise is to offer you this active listening with an interlocutor as close โค๏ธ to each situation as possible, someone who truly understands what you are going through, thanks to their own experiences ๐Ÿค.

Users can access 45-minute sessions with empathetic listeners, trained to offer you emotional support ๐Ÿฅฒ, without judgment and with complete confidentiality ๐Ÿค.

At an affordable price, it aims to be an alternative to traditional therapy, democratizing ๐Ÿ”“ access to emotional well-being at a time when anxiety and frustration levels in the younger generations are experiencing unprecedented increases.

๐Ÿ‘‰๐Ÿป Here to read the news about Liseners ๐Ÿค—.

๐Ÿ‘‰๐Ÿป Here to learn about the platform, find a Lisener or even apply to be one of the listeners ๐ŸŽง (they pay a little over โ‚ฌ12 per listening session).

5. Villa, Court and Hub: Madrid breaks records in investment and startup success in 2023 ๐Ÿšฐ๐Ÿง‘๐Ÿผโ€๐Ÿ’ป.

It is said, known and felt that Madrid is on fire, but that it has broken records in 2023 is only clearly stated by the figures.

  • Resistance in tough times ๐Ÿ’ช๐Ÿผ: with 249 closed investments in funding rounds in 2023, reflecting the maturity of the local ecosystem even with the global slowdown in venture capital investment.

  • Amount ๐Ÿ’ฐ: Madrid startups raised โ‚ฌ1.2 billion, 9% more than in 2022, placing Madrid as the sixth best ecosystem in Europe.

  • Diversification ๐Ÿ“Š: half of the investment went to sectors such as mobility, B2B software, fintech, events, health, foodtech, and marketing, with AI startups capturing over โ‚ฌ200 million and other deeptech areas โ‚ฌ130 million.

  • DeepTech ๐Ÿง‘๐Ÿผโ€๐Ÿ’ป: of the 1,205 deeptech companies in Spain (8% of the total in Europe) 347 are based in Madrid.

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