British Business Bank invests £180M across AI and deeptech funds
Tech.eu John Reynolds
British Business Bank announced it is investing £180m across six AI and deeptech venture capital funds in the UK. The investment includes £55m in Intrepid Growth Partners’ Fund I, a growth fund dedicated to AI. These commitments add additional domestic capital across stages for AI and deeptech startups, building on prior investments such as £10m in Salience Labs.
Why it matters
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 £3...
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