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AI Seed

Europe, England, United Kingdom, London

Description

AI Seed is a specialized venture capital firm based in London, United Kingdom, dedicated to investing in early-stage artificial intelligence and machine learning startups across the UK. Founded by Andrew Noble and David K. Smith, the firm positions itself as a crucial early backer for innovative companies leveraging AI to solve complex problems. Their investment thesis centers on identifying technically strong founding teams with clear visions and scalable business models, aiming to foster the growth of the UK's burgeoning AI ecosystem.

The firm primarily targets pre-seed and seed-stage companies, providing initial capital that typically ranges from £100,000 to £500,000. This translates to approximately $127,000 to $635,000 USD, based on recent exchange rates. Beyond financial investment, AI Seed emphasizes a hands-on approach, offering strategic guidance, operational support, and unparalleled access to an extensive network of AI experts, mentors, and industry leaders. This comprehensive support system is designed to accelerate the development and market penetration of their portfolio companies.

Since its inception, AI Seed has built a robust portfolio, having made over 30 investments in promising UK-based AI ventures. For instance, Crunchbase data indicates they have made 36 investments to date, with 34 active portfolio companies and 2 reported exits. Notable early investments include companies like Wayve, a leader in autonomous driving technology, and Secondmind, an AI-powered decision-making platform. Their commitment to nurturing early-stage AI talent underscores their role in shaping the future of artificial intelligence within the UK.

Investor Profile

AI Seed has backed more than 50 startups, with 0 new investments in the last 12 months alone. The firm has led 20 rounds, about 40% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Angel rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Sweden.
  • Strong thematic focus on Artificial Intelligence (AI), Software, Machine Learning.
  • Typical check size: $127K – $635K.

Stage Focus

  • Seed (76%)
  • Pre Seed (16%)
  • Angel (2%)
  • Convertible Note (2%)
  • Series A (2%)
  • Series Unknown (2%)

Country Focus

  • United Kingdom (90%)
  • United States (8%)
  • Sweden (2%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Software
  • Machine Learning
  • Information Technology
  • Analytics
  • Fintech
  • Big Data
  • Financial Services
  • Saas
  • Health Care
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AI Seed frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 3
AlbionVC
Europe, England, United Kingdom, London
Co-Investments: 2
UCL Technology Fund
Europe, England, United Kingdom, London
Co-Investments: 3
Ascension
Europe, England, United Kingdom, London
Co-Investments: 3
Luminous Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
London Co-Investment Fund
Europe, England, United Kingdom, London
Co-Investments: 5
UCLB
Europe, England, United Kingdom, London
Co-Investments: 2
Amadeus Capital Partners
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 2
Entrepreneur First
Europe, England, United Kingdom, London
Co-Investments: 3
SFC Capital
Europe, Cheshire, United Kingdom, Northwich
Co-Investments: 5

Which angels does AI Seed often collaborate with?

RC
Europe, England, United Kingdom, London
Shared Deals: 2
JS
Europe, England, United Kingdom, London
Shared Deals: 1
TM
North America, California, United States, Santa Monica
Shared Deals: 1
AN
Europe, Ile-de-France, France, Paris
Shared Deals: 1
RD
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
GG
Europe, England, United Kingdom, London
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 2
JF
Europe, England, United Kingdom, London
Shared Deals: 1
KW
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by AI Seed?

Kuano

London, England, United Kingdom

Kuano provides innovative quantum and AI solutions for drug discovery and design.

Artificial Intelligence (AI)Biotechnology
SeedSep 12, 2023
Amount Raised: $2,248,426
Thingtrax

London, England, United Kingdom

ThingTrax helps manufacturers reduce downtime and increase operational efficiency with their devices capturing data from machines.

Cloud Data ServicesInformation TechnologyInternet of ThingsSaaSSoftware
SeedJul 20, 2023
Amount Raised: $5,535,409
RoboK

Cambridge, Cambridgeshire, United Kingdom

RoboK is a computer vision startup with a mission to make all industrial workplaces safe and high-performing with AI.

Artificial Intelligence (AI)Computer VisionIndustrialPorts and HarborsSoftware
SeedJun 29, 2023
Amount Raised: $1,976,489
9fin

London, England, United Kingdom

The leading data, news and predictive analytics platform for debt capital markets

AnalyticsArtificial Intelligence (AI)Financial ServicesFinTechMachine Learning
Series ADec 8, 2022
Amount Raised: $23,000,000
Odin Vision

London, England, United Kingdom

Odin Vision develops cloud AI-enabled applications for endoscopic procedures.

Artificial Intelligence (AI)Health CareMedical
SeedJan 1, 2022
Ntropy Network

New York, New York, United States

Enabling products without data barriers.

FinTechSoftware
SeedJul 20, 2021
Amount Raised: $3,200,000
Purple Dot

London, England, United Kingdom

Purple Dot creates best-in-class pre-order experiences for e-Commerce.

E-CommerceRetailShopping
SeedNov 6, 2020
Amount Raised: $1,775,926
Sociate

Didcot, Oxfordshire, United Kingdom

Sociate is the creator of chat applications with built-in intelligence, including AI personal shopper that can view and communicate.

Artificial Intelligence (AI)ConsultingInformation TechnologyPersonalization
SeedApr 4, 2020
Amount Raised: $144,746
Sparkbox

Southampton, Southampton, United Kingdom

Sparkbox is a retail price optimisation, planning & insights platform.

RetailSoftware
SeedMar 1, 2020
Limbic

London, England, United Kingdom

Limbic offers AI software for mental healthcare.

Mental HealthSoftware
SeedFeb 1, 2020