
Air Street Capital
Description
Air Street Capital is a London-based venture capital firm with a distinct focus on investing in AI-first technology companies across Europe and North America. Founded by Nathan Benaich, the firm has established itself as a prominent early-stage investor in the rapidly evolving artificial intelligence landscape. Their investment thesis is built on the conviction that AI will serve as a foundational layer across various industries, driving significant innovation and disruption.
The firm primarily targets Seed and Series A stage companies, often taking a lead or co-lead position in funding rounds. Air Street Capital typically deploys initial checks ranging from $1 million to $5 million, with the capacity to invest up to $10 million over the lifetime of a portfolio company. This strategic approach allows them to provide substantial early capital while also supporting companies through subsequent growth phases. Their investment criteria emphasize strong technical teams, proprietary AI technology, and a clear path to commercialization.
Beyond capital deployment, Air Street Capital distinguishes itself through its deep domain expertise and commitment to thought leadership within the AI ecosystem. A notable example is their widely recognized annual "State of AI Report," which provides comprehensive analysis and insights into global AI trends, research, and industry developments. This initiative not only positions them as experts but also helps them identify and attract promising AI ventures. In March 2023, the firm announced the close of its second fund, a substantial $100 million vehicle, significantly expanding its capacity to back the next generation of AI innovators.
Air Street Capital's focused strategy and active engagement with the AI community underscore its ambition to be a leading partner for entrepreneurs building transformative AI businesses. Their hands-on approach and specialized knowledge in artificial intelligence make them a valuable resource for early-stage companies navigating the complexities of developing and scaling AI-driven solutions.
Investor Profile
Air Street Capital has backed more than 31 startups, with 4 new investments in the last 12 months alone. The firm has led 7 rounds, about 23% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, France.
- Strong thematic focus on Artificial Intelligence (AI), Software, Biotechnology.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (58%)
- Series A (29%)
- Pre Seed (6%)
- Series Unknown (3%)
- Series B (3%)
Country Focus
- United States (42%)
- United Kingdom (16%)
- France (13%)
- Germany (10%)
- Canada (6%)
- Switzerland (6%)
- Greece (3%)
- Austria (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Biotechnology
- Machine Learning
- Life Science
- Analytics
- Food And Beverage
- Computer Vision
- Generative Ai
- Health Care
Frequently Asked Questions
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