Microsoft Ventures, in partnership with Seattle-based Madrona Venture Group, London-based Notion Capital, and Vertex Ventures Israel, announced the $3.5 million Innovate.AI contest last October. The plan was simple: Commission applications from AI startups in North America, Europe, and Israel; find the most promising ones in each region; and invite 10 of them to a “pitch-off” in front of judges to establish a winner.
Israeli startup (and Dreamit HealthTech alum) Voiceitt scooped up the “AI for Good” prize, aimed at the startup judged to be best using AI to improve society. Tel Aviv-based Voiceitt uses speech recognition smarts to translate unintelligible sounds into clear speech in real time, which could help people suffering from disorders such as Parkinson’s, cerebral palsy, autism, strokes, and more. Voiceitt won a $500,000 investment and $500,000 in Azure credits.
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