Category

Artificial Intelligence

In Client News: Crane Venture Partners Leads $30 M Series C For AI Startup

By | Artificial Intelligence, Client news, Entrepreneurs, Investor and VC News, investors, Series C

Congratulations to our client, Crane Venture Partners on leading the Series C $30 Million funding round for London-based Onfido. Onfido uses artificial intelligence algorithms to help websites verify people’s identities by merely using a photo-based identity document and a selfie to curb hackers and security breaches that have exposed personal information of millions of people globally. This is the second round of investment for Onfido following their round of $30 Million including two of our clients Idinvest and Wellington. In an interview with TechCrunch, Scott Sage, co-founder and partner, Crane Venture Partners, said that Onfido is one of the leading data enterprise…

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Podcast: The Future Of Legal Services Featuring Neil Miller

By | Artificial Intelligence, Current Affairs, Entrepreneurs, Knowledge, Partner Insight, Podcasts

The future of legal services with Legit Patents and JAG Shaw Baker by This Much I Know What does the advent of artificial intelligence spell for the future of legal services and lawyers themselves? On that topic Seedcamp partner Carlos Espinal is joined by founder and CEO Matt Osman of Legit Patents, the startup building AI-powered applications to automate parts of the R&D process, and Neil Miller, Partner at JAG Shaw Baker and formerly General Counsel at SoundCloud. Our Partner, Neil Miller joined a recent Seedcamp podcast hosted by Carlos Espinal to talk about the future of legal services. Neil…

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Atomico Leads $30 M Investment Round in AI Chip Company Graphcore

By | Artificial Intelligence, Client news, investors, Knowledge, Partner Insight, Robots

Artificial intelligence (AI) takes another step forward. Graphcore, a UK chip designer that designs chips specifically for AI, recently closed a $30 M round to support their continued expansion. The round was led by our client, Atomico and included existing investors Amadeus Capital, Robert Bosch Ventures Captial, C4 Ventures, Dell Technologies Capital, Draper Esprit Plc, Foundation Capital, Pitango and Samsung Catalyst Fund. Atomico is a London-based venture capital firm founded by Niklas Zennstrom, a co-founder of Skype. AI Everywhere According to a recent Bloomberg article, the investors in the round also included several machine learning experts such as Demis Hassabis, the co-founder and CEO of DeepMind. Owned by Alphabet Inc., DeepMind is an…

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European Commission Looks At EU-Wide Civil Law Rules On Robotics And Artificial Intelligence

By | Artificial Intelligence, Current Affairs, Data & Privacy, European Commission, Intellectual Property, Knowledge, Robots

EU told to lead the way on liability rules and ethical standards for Artificial Intelligence. The  European Commission delivers its initial response. In our blog last month, we looked at the Member of the European Parliaments’ (MEPs’) request for the European Commission to lead the way on developing EU-wide liability rules and ethical standards to deal with artificial intelligence. The EU Commission has now issued a response which identifies the need for legal certainty and the legal challenges it faces in identifying where liability should fall amongst the different market players. EU Commission response on liability  The EU Commission wants to capitalise on…

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Liability Rules And Ethical Standards For Artificial Intelligence

By | Artificial Intelligence, Current Affairs, Data & Privacy, Intellectual Property

EU told to lead the way on liability rules and ethical standards for Artificial Intelligence  Artificial Intelligence (AI) is constantly evolving and continues to roll into all facets of industry – from neural networks that connect recycling systems to sort recycling better to AI that makes self-driving cars safer or teaches machines to do more with less. As AI becomes more commercialised, it reveals the complexities around allocating risk and liability for the autonomous actions of AI. Existing EU laws governing liability are largely stable where human input is prevalent in the machine-decision making process. Consider a human instructing Siri…

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Artificial Intelligence, Robots And Techcrunch Disrupt

By | Artificial Intelligence, Biotech, Current Affairs, Entrepreneurs, Events, Investor and VC News, Knowledge, Robots

  In early December, Techcrunch Disrupt London came to town. The event hosts Startup Battlefield which gathers early stage startups together on one stage to compete for the Disrupt Cup and a cash prize. As expected, the agenda was jam-packed with a wide-range topics from Brexit and walking robot dogs to flying cars and the continued disruption and innovation of Fintech. On the VC front On the venture capital front, Niklas Zennström, Atomico said that early stage Seed and Series A investments in Europe are now on par with the US, both in terms of amount of capital invested and number of companies….

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