• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

Georgian Startup Pulsar AI Takes Georgian Tech to the US

by Georgia Today
July 5, 2021
in Business & Economy, Magazine
Reading Time: 2 mins read
Pulsar AI already has two offi ces - one in Tbilisi and the other in San Francisco (California, USA). The technology research and development team continues to work in Tbilisi, while the business team has moved to California

Pulsar AI already has two offi ces - one in Tbilisi and the other in San Francisco (California, USA). The technology research and development team continues to work in Tbilisi, while the business team has moved to California

Pulsar AI’s success clearly demonstrates that local Georgian startups are competitive on the international market

Georgian Prime Minister Irakli Garibashvili met with the founders of Pulsar AI, a Georgian startup recently acquired by American SpinCar, a global leader in digital automotive merchandising software.
In 2016, Dachi Choladze and Zaal Gachechiladze founded Pulsar AI, alongside George Arison and Sopho Chkoidze. The creation of the startup was conditioned by the common interests, goals and vision of the founders: the development and implementation of solutions based on artificial intelligence. Within a year, they have become a leading artificial intelligence company in Georgia.

Pulsar LLC is a grant beneficiary of the Innovation and Technology Agency at the Ministry of Economy and Sustainable Development. In 2017-2018, they were awarded a 5000 GEL grant for developing prototypes and participating in international events to showcase their prototypes to prospective investors. In 2018, the startup won an additional 100,000 GEL in the agency’s grant program, followed by a victory in the agency’s 650,000 GEL grant program in 2020.

Pulsar AI became the first Georgian startup to attract 1.2 million in investments from Silicon Valley investors, which will enable the company to establish itself in the US market. After the successful completion of the financing round, investors of the Georgian startup are such well-known Angel Investors and venture funds as Ridge Ventures, Great Oaks VC, renowned political consultant Mike Murphy, Ten Eighty Capital, and more.


Pulsar AI became the first Georgian technology startup to perform a successful global “Exit”. History has been written – the value of Pulsar AI has already exceeded several tens of millions of dollars, and from now on, it will continue to move with SpinCar to reach the value of billions.

Pulsar AI already has two offices – one in Tbilisi and the other in San Francisco (California, USA). The technology research and development team continues to work in Tbilisi, while the business team has moved to California.

During the meeting at the Administration of the Government, the founders of Pulsar AI described the startup’s path to success. Prime Minister Irakli Garibashvili thanked them for another innovative Georgian project and wished them success.

The parties emphasized that Pulsar AI’s success clearly demonstrates that local Georgian startups are competitive on the international market, also pointing out that Pulsar AI’s precedent is an enormous inspiration and motivation for everyone engaged in this field.

Pulsar AI uses artificial intelligence to facilitate communication between customers and car dealers. The company seeks to create a technology enabling dealers to serve prospective clients fast and effectively, via mail, texting, or webchat.

The conversation also touched on the creation of Georgia’s ecosystem as the Government’s priority. It was emphasized that the Government, under its 10-year plan, will further bolster the strategy for supporting such innovative startups. According to the Prime Minister, the positioning of innovative Georgian products on the global market is extremely important.

The meeting at the Administration of the Government was attended by Georgia’s Minister of Economy and Sustainable Development Natia Turnava, Deputy Minister Irakli Nadareishvili, and Head of the Innovation and Technology Agency Avtandil Kasradze. The meeting was also joined via a video call from the US by SpinCar’s Co-Founder Michael Quigley.

Translated by Ketevan Skhirtladze

ShareShareTweet

Related Posts

ZEG Festival participants. Photo by the author
Business & Economy

Reflections on the ZEG Festival

July 3, 2025
A technical training for hazelnut producers. Source: FAO
Business & Economy

How Georgia’s Hazelnut Sector Is Growing Toward a Sustainable, High-Quality Future

July 3, 2025
Georgia to nationalize psychotropic drug imports and OST services
Business & Economy

Georgia to nationalize psychotropic drug imports and OST services

July 1, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

2 months ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

1 year ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

OSCE PA: October 26 elections marred by irregularities – Calls for dialogue, release of political prisoners, and new vote

Health Ministry: First mandatory drug addiction treatment facility opens

Foreign Ministry: Iran requested condolence book entry on June 26

Israeli Embassy slams Georgian deputy FM for attending Iranian solidarity event

Gakharia on mandate termination: A page from the Kremlin’s playbook

Mandates of Gakharia “For Georgia” MPs terminated

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today