- This is a famous London venture capital company
- She is ready to make Europe the center of the “neural technology revolution”
IQ Capital Venture Fund attracted $400 million to fund start-ups in the field of artificial intelligence and robotics. They will direct such capital into the narrow niche of Deep Tech AI. It is a general term for advanced technologies such as AI, blockchain and quantum computing.
In its press release, IQ Capital states that Deep Tech companies will be the main drivers of future progress. They believe that the UK and Europe will play a leading role in this.
“Breakthroughs in ‘new AI’ models, new energy and climate, robotics and space technology, quantum computing, synthetic biology all demonstrate the significant opportunities that Deep Tech is now opening up.”
Last year, the European Union introduced the European Innovation Agenda. They plan to increase the number of startups in the field of modern technologies and raise 45 billion euros.
Crypto and AI
On June 1, the crypto exchange Coinbase introduced report on venture investments in start-ups related to AI tokens. They believe that the intersection of neural networks and cryptography provides powerful opportunities for businesses that want to work in Web3. So far, such crypto projects account for only 0.07% of the total crypto market capitalization. But analysts predict that soon their number will begin to rise sharply.