British Business Bank invests £180M across AI and deeptech funds
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The British Business Bank has today announced it is investing £180m across six AI and deeptech VC funds, as investors continue to pile into the two hot sectors.
The state-owned investor is investing £35m in London-based Crane Ventures Partners’ Crane III fund, which backs founders from inception to seed; it is also investing £20m in London-based Connect Ventures’ Connect V fund, which backs founders at pre-seed stages; and it’s investing £22m in Matt Clifford’s Entrepreneurs First’s early-stage
The state-owned investor is investing £35m in London-based Crane Ventures Partners’ Crane III fund, which backs founders from inception to seed; it is also investing £20m in London-based Connect Ventures’ Connect V fund, which backs founders at pre-seed stages; and it’s investing £22m in Matt Clifford’s Entrepreneurs First’s early-stage
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