Artefact acquires Startup Inside, expanding its portfolio of data-driven services

Dear Madam, Dear Sir,

The acquisition of Startup Inside marks a new milestone in our aim to become one of the world leaders in data consulting, as it expands Artefact's range of services and strengthens its role as an influential player at the forefront of the data & AI ecosystem.

Startup Inside is a pioneer in consulting services around open innovation and intrapreneurship strategy, through the creation of think tanks, international AI conferences and hackathons that foster innovation and change in large organizations. It was founded in 2016 by Damien Gromier and Lorenzo Croati and Artefact already partnered with Startup Inside through the creation of our highly successful European AI Night events in 2018 and 2019.

This acquisition is a key component of our ambitious M&A program, supported by our two Private Equity investors, Ardian and Cathay Capital, that started in 2021 with the purchase of Viva Data, a company specialized in data science training, followed by the launch of our Artefact School of Data, and the recent integration of Artefact Africa into the Group. 

Startup Inside brings us impressive credentials, and by leveraging synergies with their offering, Artefact completes its wide range of data-driven services, which cover the entire enterprise value chain: 

• Startup Inside is recognized as the French leader in the creation of ideathons and hackathons within large groups. Their approach, the "Startup experience", stimulates an entrepreneurial spirit and the creation of innovative projects with strong business, environmental and social impact. This unique, proven methodology accelerates a culture of change and a data mindset, two factors essential for enterprises wishing to gain in competitiveness. This data acculturation model goes along with our Artefact School of Data courses for employees that enable change in a fast and efficient manner. This “Startup experience” offer is also perfectly complementary to our "Artefact Data Factory” operating framework, which ensures that ideated data-driven use cases can be transformed and industrialized into concrete AI projects. 

• Startup Inside also federates the various data players (startups, large companies, technology partners, and government institutions and research centers) around annual European conferences, such as AI for the Planet conference created in collaboration with UNESCO and the United Nations Environment Program, AI for Finance, and AI for Health, making it one of the essential pillars of the Data & AI ecosystem. Artefact will draw upon their expertise to develop new communities of experts and events in all the territories (18 offices in Europe, Asia, Americas, Asia, Mena, Africa) where we are established with our 1000+ Artefactors.

I look forward to the exciting new services and benefits this alliance with Startup Inside will bring and invite you to read the entire press release to learn more about it. 

Best regards,

Vincent Luciani
Co-founder and CEO of Artefact

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