Recent headlines might suggest that seed funding has never been healthier. Over the past year, a growing number of AI startups including labs and companies founded by serial entrepreneurs – such as Ineffable Intelligence and Safe Superintelligence (SSI) – have raised unusually large seed and pre-seed rounds. In some cases,
Anne Glover
Recent headlines might suggest that seed funding has never been healthier.
Over the past year, a growing number of AI startups including labs and companies founded by serial entrepreneurs – such as Ineffable Intelligence and Safe Superintelligence (SSI) – have raised unusually large seed and pre-seed rounds.
In some cases, tens of millions of pounds have been committed before the technology is fully proven or commercialised. For many founders, that creates a simplified impression that the bar for raising early capital has shifted, and that “big seed” is the new normal.
However, in reality that is not the case, and UK data tells a more complicated story. According to Tracxn data, overall UK venture investment fell by around 9% year-on-year….
