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According to EIB website, Mosaicoon is an Italian tech company specialised in the crowd-sourced video strategy. The company has been developing a proprietary platform which turns the traditional video production process by allowing video creators to produce professional ready-to-use videos and video formats. The company is seeking for finance to fund part of its EUR 20m research and product development and sales expansion expenditure planned during 2018-2020. The project will cover the development of a more sophisticated system of matching the needs of the clients to the videos produced and tools of customizing the videos allowing the clients and agencies to adapt the videos to their need and to speed up the video production process.
The project will support the company to attain a better version platform with sophisticated matching function and to have better and more tools for the videos. A broader range of distribution channels should be achieved. All project activities are expected to be carried out in existing facilities without changing the already authorized scope and would, therefore, not require an environmental impact assessment (EIA) under Directive 2014/52/EU amending the EIA Directive 2011/92/EU.
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