to address the complex challenge of automating the very process of automation. Filuta seeks to simplify the deployment of artificial intelligence within Intelligent Automation frameworks, breaking down barriers that have, until now, hindered the widespread adoption of this transformative technology.
Filuta AI has secured a pre-seed investment of approximately €2.3 million since launching in 2022 – becoming the ‘youngest’ startup in the Czech Republic to secure such notable early-stage investment.
Dvořák is a seasoned entrepreneur and AI enthusiast, with 14 years of influential research in artificial intelligence. His expertise spans automated planning, machine learning, operational research, and optimization – documented in 20+ published articles and papers. As a CEO and startup advisor, he contributes extensive experience in the development of large-scale, real-time AI systems.
In light of our recent CEE AI Report, The Recursive sat down with Dvořák to discuss the challenges and opportunities the CEE ecosystem poses to AI startups. Furthermore, the interview dives into the company’s journey of securing funds, as well as their vision and future plans.
The following interview was conducted as a part of The Recursive’s “State of AI in CEE” report. Download the full report with insights from 40+ experts and an analysis of 900 AI product companies from CEE.
Filip Dvořák: I have worked in the field of Intelligent Automation for more than 13 years. Based on that experience, I was looking at parts of the process of developing and deploying Intelligent Automation, focusing on automating those parts of the practice. As a result, we have created a visual filter to provide the automation of automation. So, we are deploying artificial intelligence automatically within automation frameworks.
From a practical point of view, it means that we are managing the whole lifecycle of automation services – such as services that control distribution centers, or supply chains. Our company has been founded on the idea of reducing the cost of deploying Intelligent Automation services, making it more affordable for use in the real world. We can summarize our vision as “democratizing Intelligent Automation”.
Filip Dvořák: There are always challenges with new companies. Considering the challenge of finding the right people, we are always open to hiring senior professionals, even remotely. Protecting our intellectual property is critical, and involves coordination of patenting with entities such as USPTO. We’ve been fortunate when building our customer base, as our investors have been very supportive in efforts to introduce us to new customers – but cultivating those connections still requires a significant time investment. There are more challenges in front of us, of course, and we try to overcome and practice them one by one.
Filip Dvořák: Solid credibility and the ability to point to proven scientific results in the field has been helpful. We have eight PhDs in the company, and an excellent academic footprint. It’s also good to have paying customers, and a minimum viable product (MVP). As a serial entrepreneur, I’ve co-founded and sold companies, which lends additional credibility. My last project was acquired for $180 million – which is reassuring to investors – so, we have been able to gain strong interest within the industry.
From our experience, there is an abundance of investors and a lot of money on the market. As I mentioned, if you have good credibility, MVP, and paying customers, then you can raise investments into the initial stages. We’ve had good luck with investors both locally, and within the US.
We hope that continues, as we plan to focus on scaling in the next two years, and that means hiring more people, especially in research and development. We’d like to grow our team by about 250% between now and 2024.
Filip Dvořák: We focus on hiring only the top 5% of experts in a respective field, regardless of where they are based. Though we would of course love to hire from within the Czech Republic, we’re also an international team, and open to cooperating with experts remotely.
Considering the specializations relevant to our work, the Czech Republic tends to present high-quality candidates in mathematics. I would say the education that Charles University, CTU, BUT and other smaller universities offer produces candidates on the same level as Ivy League universities.
However, I think Czech universities are a little less engineering-focused, and more theoretical. The industry in the US is more deeply connected to academia. This is not the case in the Czech Republic, where students usually study independently of the industry. This practice is not an ideal introduction to the job market. Providing students with internship opportunities in their final years of schooling allows them to more clearly understand the market, and their own needs. There have not been very strong incentives to do so in the Czech Republic, and I think this leaves room for improvement on the university and government sides.
Filip Dvořák: We have permanently open positions in data engineering and symbolic reasoning, and we are always hiring. We are also looking for game developers with a strong background in computer science. Those candidates often prove more difficult to find.
Filip Dvořák: There are many successful AI companies, and I believe we will see constant growth as more talent returns to the Czech Republic.
We maintain strong connections within the academic environment, as we work with professors who are tuned into up-and-coming fields of research. We’re also monitoring the trends, and attending the top AI conferences. So, before any type of new fundamental research is applied in practice, we see it at a conference, and we can evaluate if it could apply to our business cases. We are also doing our own Tech to Market – taking fundamental research findings and applying them to industries. So, we believe that will help us maintain an edge.
(This article was originally published in The Recursive, Dec 04 2023)