AI Proptech Startup Gener8 Joins Google’s Women Founders Fund
Gener8’s Flight into Google’s Women Founders Fund
Gener8, a leading AI proptech startup, has successfully secured a spot in the prestigious Google Startup Campus’ Women Founders Fund. This innovative enterprise offers AI-assisted solutions for real estate development. Founded in May 2020, Gener8 has attracted over 6 billion KRW in investment within a relatively short span, demonstrating its effectiveness and market potential. Gener8 aims to launch its B2B SaaS product in the US market by 2023 with ambitions of addressing the global housing shortage.
How the Women Founders Fund Can Boost Gener8
Being a part of the Women Founders Fund opens doors to exclusive technical mentoring and networking opportunities provided by Google. This will significantly enhance Gener8’s technological capabilities and business viability. The startup plans to capitalize on these benefits to position its product for substantial growth in the North American market. In addition, Gener8 aims to attract major investment in the coming year to further fuel its expansion.
Women Founders Fund: Fostering Female Entrepreneurship
The Women Founders Fund is a unique initiative aimed at supporting female entrepreneurs engaged in AI-based startups in the Asia Pacific region. The program offers $100,000 in funding, along with mentoring and Google product support to help these startups thrive. The eligibility criteria for participating in the program include having at least one female founder among the founding members. Other factors taken into account include the company’s location, investment stage, AI applicability, readiness for global expansion, and the English proficiency of participating female entrepreneurs.
Three Korean Companies Make the Cut
Three Korean startups, including Gener8, have been selected for the Women Founders Fund this year. The other two startups include Moonis, a mobile solution provider that aids sleep, and Kaihealth, a fertility AI solution provider. Google Startup Campus plans to host the ‘Founders Academy’ in the first half of 2024. This initiative aims to enhance the leadership and talent management capabilities of female startup entrepreneurs through customized workshops and mentoring.
Looking Ahead: Gener8’s Expansion Plans
Backed by Google’s Women Founders Fund, Gener8 is poised for significant growth. The startup aims to launch its B2B SaaS product in the US market by 2023, thereby expanding its presence globally. With exclusive access to technical mentoring and networking opportunities, Gener8 is well-equipped to strengthen its technological capabilities and business viability. As it continues to attract major investments, the future looks promising for this innovative AI proptech startup.
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