About Cardumen Capital
Cardumen Capital is a venture capital firm that focuses on investing in tech markets and companies with deep technologies. It invests in companies that work to bring investing in people developing the technologies that drive the evolution of society and business. The company was founded in 2017 and is based in Bilbao, Spain.
Latest Cardumen Capital News
Dec 3, 2023
Munch – a leading AI-powered automation platform for social media – recently announced their $7.2 million seed funding round. The funding round was led by A* Capital, supported by Liquid2 and Pre-Seed investors Cardumen Capital and Remagine Ventures. This funding round will be focused on company growth, increasing its reach into new global markets, and expanding its offering to enterprises. And the funds will be allocated to develop Munch’s solution further, helping content professionals seamlessly create and elevate short-form videos from existing long-form content, increasing ROI. The increased social media demand has left content professionals with a labor-intensive, costly, and creatively draining process of manually producing content, making it difficult to find a place and engage in popular conversations. And Munch reduces this burden by leveraging AI to streamline this resource-intensive process with a platform that extracts engaging bite-sized clips from long-form videos primed for social media sharing in minutes. Munch’s AI-driven platform turns long-form marketing content into engaging and impactful clips for social media usage. And it includes automatic editing, instant and precise subtitle generation, pre-scripted social media posts formulated through advanced AI technology, and caters to a multilingual audience supporting more than 20 languages. Content can be clipped and adjusted to have the action at the center of the frame no matter what social media platform it will be shared on. And this approach ensures a global reach for businesses looking to amplify the impact of social media strategy. Munch’s clip-generation engine analyzes video content against the latest social media trends and marketing insights to maximize its viewership. And with Munch, single-purpose videos, such as podcasts, webinars, and livestreams, can be transformed into engaging clips that can go viral. This content production and distribution approach increases business ROI, minimizes the time-consuming process spent on tedious editing tasks, and allows brands to focus on creative ideation and strategic planning while remaining relevant on social media with consistent, effortless, data-driven content. Munch has reached over $2 million ARR within 8 months and has over three thousand paying subscribers worldwide. The company has signed contracts with several major, well-renowned media giants as a primary short-form vendor. KEY QUOTES: “Businesses and brands who successfully employ social media content strategies are seeing higher returns on their investments and improving their bottom lines. With Munch, any business, small or large, with quality content can now reach more potential customers – a revolutionary approach when it comes to social media usage for marketing teams around the world. We are grateful for our investors’ trust and are eager to use the recent funds to expand our team and market presence, further entrenching Munch’s position as a leading AI platform for social media.” — Oren Kandel, CEO and Co-founder of Munch “A Capital is committed to helping entrepreneurs build impactful companies and Munch is a prime example of what we look for. The rise of social media has turned the marketing landscape on its head and has created a need for cost-effective, time-saving solutions. Munch’s cutting-edge platform brings an innovative approach to content creation, and we see the potential for the company to help businesses globally go viral with the click of a button. We look forward to seeing Munch build on its achievements to date and can’t wait to see what’s next.”* — Gautam Gupta, General Partner at A Capital* Sponsors
Cardumen Capital Frequently Asked Questions (FAQ)
When was Cardumen Capital founded?
Cardumen Capital was founded in 2018.
Where is Cardumen Capital's headquarters?
Cardumen Capital's headquarters is located at Núñez de Balboa, 120, 6-Dcha, Bilbao.
What is Cardumen Capital's latest funding round?
Cardumen Capital's latest funding round is Unattributed VC.
Who are the investors of Cardumen Capital?
Investors of Cardumen Capital include Repsol Energy Ventures.
Who are Cardumen Capital's competitors?
Competitors of Cardumen Capital include BeBeez and 4 more.
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