News
11/9/23

Deliwi AI platform. How is it cooking?

DeliwiAI platform is progressing swiftly.

We are proud to announce that the DeliwiAI platform is progressing swiftly.

>> What is DeliwiAI, you ask?

DeliwiAI platform’s installation for pilot customers starts in late October. The commercial launch and sales of the DeliwiAI platform will begin in early 2024.

Summary: 

The timeline is tight, but we're doing everything we can to stay on track.

>> Timetable

The technical implementation of the platform is done by Sulava, the leading Microsoft modern work partner. Digital development company Qmea is in charge of Brand, UX, and UI implementation. Qmea has been involved in Deliwi platform ideation and conceptualization since the beginning of 2023

Summary: 

We're in a good position regarding resources; they won't be the bottleneck for the project's success!

>> Financing

As you all know private financing for the seed phase (0.5 million euros) was secured in record time by the end of June 2023. Last week we also received positive financing decisions from Business Finland and Ely. This is excellent news!

Based on our current seed financing, our runway extends into spring 2024. If we can start selling the service as planned in early 2024, this will, of course, positively impact on our financial situation.

We have not yet decided a time nor timeframe for any additional NFT funding rounds but that remains always an option as we still have the NFT’s in stock for seed rounds B and C.

Summary: 

Our financial footing is solid, and with our current financing, our future looks promising; funding isn't our constraint!

>> Next steps

Platform implementation, focusing on the pilot phase, continues in full swing through September and October. At the same time, we're also working on the DeliwiAI brand. 

Once the pilot product is completed, we'll leverage you and your networks to identify potential test phase companies.

Summary: 

We're pushing forward with platform development and brand work; once ready, we'll tap into your connections for the test phase

“Let's stay in touch and keep the momentum going!”