British Business Bank Backs SuperSeed AI Fund with up to £50m
4 Articles
4 Articles
British Business Bank promises £50m for SuperSeed’s physical AI fund
The SuperSeed Fund III has secured a commitment of up to £50m from the British Business Bank to invest in B2B AI and SaaS startups. Fund III is focused on seed-stage companies building physical AI. This refers to artificial intelligence applied to physical industries such as manufacturing, energy, construction and autonomous systems. The Bank has made its commitment through the Enterprise Capital Funds programme. By providing cornerstone commi…
British Business Bank backs SuperSeed AI fund with up to £50m
SuperSeed Fund III has secured a cornerstone commitment of up to £50 million from the British Business Bank to invest in B2B AI and SaaS startups. The Bank has made its commitment through the Enterprise Capital Funds programme, with the fund also having the benefit of being accredited by the UK’s National Security Strategic Investment Fund (NSSIF) as was SuperSeed’s prior fund. As the largest investor in UK venture and venture growth capital fu…
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