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Presenting the beneficiaries of the 2024 Google for Startups Founders Funds

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As I go about my daily tasks at Google Research, I am privileged to witness firsthand the remarkable strides our researchers are taking in the realm of artificial intelligence. Yet, some of the most groundbreaking advancements are not confined to our laboratories. An array of pioneering and inspiring innovations is stemming from entrepreneurs who meld their unique perspectives and varied backgrounds with our suite of Google AI tools to establish enterprises and tackle real-world challenges. Today, it is with immense pleasure that we unveil the selection of 20 exceptional companies that have been chosen to receive funding through the Google for Entrepreneurs Founders Grants. This initiative furnishes equity-free financial backing and personalized guidance to Black and Latino-led startups leveraging AI to foster responsible innovation and instigate meaningful change.

This year, we are proud to support a cohort of companies that are pushing the boundaries of what is achievable with AI technology. From devising avant-garde solutions for wildfire prevention (Improving Aviation) to diverting vast quantities of fast fashion from winding up in landfills (Sortile), and aiding numerous community college students in seamlessly transitioning to four-year degree programs (EdVisorly), these entrepreneurs are spearheading transformative innovations that promise to shape the future.

Each startup will be endowed with a $150,000 non-dilutive cash grant, $100,000 in Google Cloud credits, and hands-on guidance from Google experts specializing in AI, sales, and more, all aimed at nurturing the growth and responsible implementation of AI-driven solutions.

In its fifth year, the Google for Entrepreneurs Founders Grants program, which originated in the United States, has disbursed over $50 million to over 570 Black and Latino founders globally. These visionary founders have collectively secured more than $590 million in subsequent funding to further expand their ventures and AI innovations.

We extend a warm welcome to the latest cohort of 2024 Founders Grants recipients based in the United States:

  • Akeptus (Glenwood, MD) – offers an intelligent home energy management system to help homeowners optimize energy consumption and reduce expenses.
  • Beta Financial Services (Chicago, IL) – combats bias in financial services with tools like BetaScore, a proprietary credit model facilitating SMBs in securing loans.
  • Bountiful (San Francisco, CA) – provides farmers and industry professionals with forecasts and crucial insights on specialty crops.
  • Cambio AI (New York, NY) – equips commercial landlords and corporate tenants with software to achieve net zero goals by decarbonizing facilities.
  • And the other remarkable companies.

For more information about the Google for Entrepreneurs Founders Grants and the extraordinary recipients from across the globe, please visit here.

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