xMap Secures Pre-Seed Investment Led by Shizen Capital in Japan to Build a Generative AI Geospatial Solution for Real Estate Site Assessment

xMap Secures Pre-Seed Investment Led by Shizen Capital in Japan to Build a Generative AI Geospatial Solution for Real Estate Site Assessment

xMap is proud to announce a pre-seed investment from Shizen Capital to accelerate its trajectory in revolutionizing geospatial data through generative AI for the real estate industry.

The Generative AI Market Surge and xMap’s Position

The generative AI market is poised to explode, growing from a market size of $40 billion in 2022 to $1.3 trillion over the next ten years, representing a compound annual growth rate (CAGR) of 42%, according to a new report by Bloomberg Intelligence. This rapid market expansion underscores the critical role and vast potential of xMap's innovative contributions to the field.

In 2024, businesses are eagerly leveraging generative AI, which requires extensive volumes and high-quality datasets. xMap addresses this need by providing a comprehensive data marketplace and an AI-powered analytical platform, bridging the gap in data accessibility and advanced analytics.

Shizen Capital: Investing in xMap to Transform Generative AI Geospatial Analytics

Shizen Capital’s decision to lead this investment round stems from a profound alignment of vision and innovation. Mark Bivens, the Managing Partner of Shizen Capital, remarked, “xMap’s visionary use of generative AI to enhance location intelligence reflects a game-changing approach. Their capability to transform complex data into actionable insights is something we are excited to support.”

Shizen Capital is known for backing transformative technologies that redefine enterprise operations and found a natural partner in xMap. The company's ambitions to reshape the geospatial data landscape align with Shizen Capital's investment ethos. “xMap’s innovative approach to location intelligence and its potent use of generative AI technology align perfectly with our investment philosophy. We are excited to support xMap as they continue to set new standards in the industry and expand their global footprint,” added Bivens.

Founding Vision and Expertise

xMap is powered by four co-founders from the Middle East and North Africa with profound experience at Japanese companies and Universities. Mo Batran, the CEO, is a serial entrepreneur and expert in geospatial AI. He holds an M.Sc. degree in geospatial intelligence from the University of Tokyo and was also the co-founder of a Japanese startup in the same domain. xMap's COO, Dr. Farid, has a Ph.D. in Technology Management from Ritsumeikan University. The CTO, Ayman, comes from a strong engineering background, and Yassin is a specialist in AI and data science. The team covers both technology and business expertise.

Product

Polygon AI is a SaaS tool that helps real estate investors make investment decisions in minutes. Users can create a polygon around a building or land and ask questions about the property or surrounding area. Questions such as “What are the demographics nearby?” or “How much competition is there for gas stations nearby?” as well as inquiries about real estate prices and trends. The product is free to use with premium features available upon upgrade.

The product was launched in mid-July 2024 and saw viral user adoption on LinkedIn, garnering over 50,000 impressions. xMap's current users include big brands such as Coca-Cola, Lavazza, Deloitte, McKinsey, PwC, KPMG, BCG, Bain & Company, and Kearney, among others.

October 2023 saw the advent of xMap’s Data Marketplace, a transformative platform that monetized dormant data, offering a new revenue stream to data owners and invaluable insights to data users. Entering 2024, xMap continued to expand its horizons by onboarding multiple data partners, vastly enriching xMap’s marketplace offerings.

Backed by Shizen Capital and fueled by a community of forward-thinking partners and users, xMap is set to not only meet the needs of the modern business landscape but also drive it towards a future rich with data-driven decision-making and unprecedented operational efficiency.

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For more details on partnering with xMap, please reach out to: www.xmap.ai or startup@xmap.ai

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About Shizen Capital

Shizen Capital is a venture capital firm created by former founders with successful startup exits. With offices in both Tokyo and Paris, Shizen invests in early-stage startups across multiple domains, including notably: enterprise software, climate and sustainability solutions, deep tech innovations, and generally speaking, tools that improve the way we work, live, and learn.

For more information, please contact pr@shizen.vc or https://shizen.vc.

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