12th February 2018: Lobster, an AI-powered platform which enables brands, agencies and the media to licence visual content directly from social media users and cloud archives, has been today announced it has been rated among the top 50 startups by weXelerate, a multi-corporate accelerator.
With over 850 applications from startups coming from 55 countries, Lobster has been recognised for its ability to find the most relevant, aesthetic content around the world. The platform will participate in the next 4-month program batch, starting in March 2018.
Founded in 2013, Lobster was started with the idea to change the social content search and licensing sector landscapes to give businesses access to millions of user-generated imagery and videos. Content creators can proactively plug their social accounts into the Lobster platform to allow access to their images and videos, or Lobster can reach out to creators of unlisted content to speed up a licensing process whereby the creator obtains 75% of revenue.
“We are thrilled to be recognised as one of the 50 top startups by weXelerate. Not only does this mean that we are working in the right direction to provide authentic, search specific content, this opportunity will enable us to develop our platform further, taking it to the next level.” says Olga Egorsheva, Co-Founder of Lobster.
weXelerate is located on over 9.000sqm in the heart of Vienna, Austria. The company will enable Lobster to closely work together with at least one of their 16 industry-leading corporate partners, to identify use cases, kick off pilots or to form alliances.
weXelerate stands for collaboration between leading corporates, experts and startups across various disciplines with the aim of establishing mutually beneficial relationships”, says Dominik Greiner, Managing Director of weXelerate. Their corporate partners include banks (Volksbank, Raiffeisenbank, Austrian Controlbank, Payment Services Austria), insurance companies (Uniqa, Wuestenrot, Acredia), media companies (T-Mobile, Kurier, ORF), industry and infrastructure companies (Andritz, Palfinger, Austrian Post, Wien Energie) or the Austrian Sportsbetting Company.
In addition, Lobster will get in-depth coaching and mentoring by weXelerate and its network of 200+ partners in all the areas needed to scale fast and take things to the next level. Also part of the accelerator program is free working space in the prestigious weXelerate spaces on over 9.000sqm in Vienna for the duration of the program, sharing an office building with various players in the international innovation ecosystem, among them six Venture Capital firms.
While the previous batch of startups participating in the weXelerate accelerator program was able to show off various stories of great success, Lobster is confident to live up to expectations and excited to join weXelerate in Vienna this March.
-ENDS-
About Lobster
Lobster is an AI-powered platform which enables brands, agencies and the media to licence visual content directly from social media users and cloud archives. From Instagram, Facebook, YouTube, Flickr, Vimeo, VK, Foursquare, Google Photos, Dropbox and Verizon. Lobster applies smart AI tagging and machine learning algorithms to find the most relevant, aesthetic content around the world. Billions of affordable images and videos in an instant - live, unusual and so much more authentic than stock.
Press Contact: [email protected]
About weXelerate
weXelerate is a startup & innovation hub with a unique and thriving ecosystem of open innovation on nearly 9.000sqm that aims to connect startups and established corporates. Each year the weXelerate accelerator supports 100 of the most promising European startups with a focus on energy and infrastructure, industry 4.0, media, insurance and banking, as well as cross-industries such as internet of things, artificial intelligence, bots, mobility, blockchain and cyber security. To its corporate partners weXelerate offers a tailor-made innovation program that ensures individualized access to current innovation methods, processes and trending topics in the industry.