Vidext, a Valencia-based AI startup specializing in business process automation, has secured €6 million in Series A funding led by Flashpoint to accelerate its expansion into the UK and US markets.

Target Information

Vidext, a Valencia-based AI startup, has been at the forefront of innovating business process automation since its inception in 2022. The company specializes in utilizing artificial intelligence to transform written content into personalized videos, empowering businesses to enhance efficiency and streamline communication. With an impressive annual recurring revenue (ARR) of €2 million, Vidext's growth rate stands at an extraordinary 3.5 times year-over-year, reflecting strong market validation.

The startup boasts a diverse client base of over 250 multinational companies, including industry giants such as Iberdrola, Loewe, Mapfre, ISDIN, Yves Rocher, and Daiichi-Sankyo. This extensive clientele positions Vidext as a benchmark in intelligent automation, particularly as it prepares for an ambitious global expansion into the UK and US markets.

Industry Overview in Spain

The AI business automation industry in Spain has been gaining momentum, reflecting the country's growing status as a tech innovation hub. The market for AI-driven solutions is estimated to expand rapidly, supported by increased investments in art