Giyst, a Cork-based start-up which has developed an innovative AI-driven video repurposing platform, announced the launch of a crowdfunding campaign on Crowdcube to close out a planned €750,000 seed round.
The University College Dublin (UCD) spin-out company has already raised €525k from angel investors and Enterprise Ireland as part of the seed round.
The funding will enable Giyst to expand its operations and scale its innovative platform in the US, a key market for the company, driving growth through strategic partnerships, increased marketing, and sales.
Leveraging patent-pending AI technology, Giyst automates the process of editing long-form videos into engaging, shorter clips and summaries suitable for social media, marketing, education, and digital platforms.
This not only saves time and resources but also ensures high-quality, impactful content that drives engagement for customers.
The company was founded by Avril Power and Colm Murphy in 2023 and is supported by NovaUCD, the Centre for New Ventures and Entrepreneurs …