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Artificial intelligence is revolutionizing the world of venture capital, especially in the field of startup scouting.

Astrid BRIANT, a Maddyness journalist explores this trend and highlights the prospects of Paul Jeannest, co-founder and CEO of RaiseLab in an article published in August 2024.

Key points:

- AI-based scouting tools are emerging as valuable allies in optimizing the investment process.

- These platforms aggregate data from various sources, offering investors access to a large pool of promising startups.

- Automating tasks allows investors to focus on more strategic activities.

Paul brings a nuanced perspective on the use of AI in startup scouting. He recognizes that AI has become essential in the sector, saying that all professionals use it. However, he insists that AI cannot entirely replace human expertise, especially in the area of Corporate Venture Capital (CVC).

It distinguishes sourcing for traditional VCs, where AI can be more relevant, from corporate sourcing, which requires a thorough understanding of strategic issues.

For him, only humans can truly grasp the subtleties and implications of corporate sourcing, which explains the continued growth of RaiseLab's client base.

This vision is shared by other players in the sector, such as Camille Bonvicini Of Inovexus and Stéphane PESQUE of RAISE Ventures, which recognize the growing importance of startup scouting tools based on artificial intelligence (AI) while emphasizing the irreplaceable role of humans, especially in evaluating startups and optimizing the investment process.

At RaiseLab, we continue to explore the potential of AI while valuing human expertise to best support our clients in their innovation and collaboration strategies with startups.

Read the full Maddyness article