secures €5m seed funding

– MALTA, La Valetta –  Vaiot, a Malta-based developer of AI-powered digital services for businesses and consumers, announced the company has secured €5 million in seed funding. The deal was announced in conjunction with a private sale of its VAI Tokens.

Vaiot, founded in 2018 and led by CEO Christoph Surgowt, aims to digitize business processes by combining blockchain technology with Artificial Intelligence (AI). The company develops purpose-built  Intelligent Virtual Assistants (IVA) that allow companies to move processes to AI-powered channels, as well as VAIOT-labeled intelligent virtual assistants delivered directly to consumers. 

Its first assistant will service the car insurance industry and is projected to be presented by Q3 2020, but the company aims to expand its technology into the broader market. The solution is built to be customized and adjusted to suit almost any industry and a wide set of business processes.
For more, visit

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.