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  • October 4, 2024
  • Dilna Parvin
Fuelarts Pioneers AI-Driven Startup Growth with AX Accelerator for Creative Tech.

Fuelarts, a leading investment platform in Creative Tech, has announced the launch of AX, the first-ever AI-powered accelerator designed to revolutionize startup growth within the industry. The platform offers personalized mentorship, smart investor matching, and flexible support, marking Fuelarts’ expansion into the venture studio arena, where it will build its own startup products from the ground up.With AX, Fuelarts addresses key challenges faced by Creative Tech startups, such as limited accelerator capacity, rigid schedules, and a lack of tailored support. Utilizing artificial intelligence, AX provides intelligent mentorship and customized investor matching, making acceleration resources more accessible to startups globally. Its introduction sets a new benchmark for the Creative Tech sector.

The AX accelerator is uniquely positioned to meet the evolving demands of startups, providing AI-driven guidance that ensures each company receives relevant advice at the right time. Through its intelligent investor-matching system, AX connects startups with the right investors, maximizing their chances of securing critical funding. The platform’s pay-as-you-go model makes its services more cost-effective and tailored, further distinguishing AX from traditional accelerator programs. Importantly, Fuelarts only charges a success fee when an investment deal is successfully completed.

Earlier this year, Fuelarts released a series of articles titled How AI is Transforming Entrepreneurial Mentorship, exploring the growing role of AI in startup ecosystems. The key takeaway was the absence of a unified AI-driven platform capable of supporting startups throughout their entire lifecycle. AX emerges as a comprehensive solution to this gap, offering startups a full range of services needed to succeed.Maria Pokrovskaya, Co-founder and CEO of AX, highlighted the mission behind the platform: “We’re using AI to invest in human creative potential and shape the future of the global creative economy. AX is designed to eliminate the barriers that Creative Tech startups face. We’ve analyzed over 2,500 startups and 1,200 niche investors to build a platform that delivers exactly what each startup needs to thrive.”

Denis Belkevich, General Partner at Fuelarts, described AX’s launch as a natural progression for the firm. “Our constant market research revealed unaddressed pain points. Over time, we realized we had to step in and develop a solution ourselves. AX is the result of that proactive approach.”

Fuelarts is currently raising $500K in pre-seed funding to develop the MVP of the AX accelerator, with plans for a beta launch in Q3 2025. Investors have the chance to support the creation of a groundbreaking platform poised to redefine the Creative Tech acceleration landscape.This development underscores the growing influence of AI in reshaping industries, offering new opportunities for startups to thrive with enhanced support tailored to their specific needs.