Solomon Walker’s Post

Forbes reports that Britain’s AI startups made up 22% of venture capital investment in the first half of this year! According to a report by Dealroom.co and HSBC Innovation Banking, the momentum is set to continue with expectations for AI to have a record-breaking year for investment! 🥳🙌🏻 Uncover more interesting stats from the report: https://lnkd.in/e9bPCgUr

AI startups attracted 22% of UK tech investment in H1 2024, a 12% increase on 2019, according to data from HSBC Innovation Banking and Dealroom.co. Check out UKTN's coverage of the news 👇 #AI #VC #Investment

AI startups attract a quarter of UK tech investment. 💡 In the first half of 2024, UK AI startups raised $2.1bn (£1.6bn), putting the sector on track for a record-breaking year, according to new data from HSBC Innovation Banking and Dealroom. “This data shows that positive trends for investment into the UK innovation ecosystem are manifesting and signs of early optimism are coming to fruition –particularly in the area of AI,” said Simon Bumfrey, head of technology and life sciences at HSBC Innovation Banking UK. ➡️ https://lnkd.in/eRPcMDQV 🔗 #techinvestment #startups #innovation #ai #data #hsbc #banking #UKtech

Commonwealth Bank’s x15ventures is on the hunt for AI innovators with partnership potential #AI #AInews #artificialintelligence #technology #tech #technews #GenAI #GenerativeAI #ML #machinelearning #australianfintech #fintech #fintechnews #financialtechnology #startups #startupnews #scaleups #scaleupnews #innovation

AI is revolutionizing more than just Fintech—it’s reshaping Venture Capital as well. From automated deal sourcing and due diligence to predictive analytics on investment success, AI-driven tools are enabling VCs to make more data-informed decisions, reducing bias and inefficiencies. Just as Fintech is leveraging AI for fraud detection, personalized banking, and trading strategies, VCs are using it to identify trends, uncover opportunities, and enhance portfolio management. The future of finance and venture funding is becoming smarter and faster with AI leading the charge. #AI #Fintech #VentureCapital #Innovation #TechTransformation https://lnkd.in/er3RGyyU

🚀💰 AI startups secure 22% of UK tech investment in the first half of 2024 Up from 12% in 2019, #UK #AI startups raised £1.6bn during the first 6 months of this year, with the sector projected to raise £3.4bn by the end it, according to new data from HSBC Innovation Banking and Dealroom.co. It follows a separate report published by Tech Nation last month, which valued the UK AI sector at £72.3bn – the largest in Europe. 👏 The largest funding rounds so far this year for UK AI include Wayve’s £840m round and PolyAI’s £39.4m round. Full article👇 https://lnkd.in/eiRZw6t8

🚀 London AI Startup Capsa AI Raises £1.7M to Automate Business Compliance 💼 London-based Capsa AI has secured a £1.7 million funding round to automate compliance tasks for private equity (PE) funds. The AI-driven platform helps with tasks like creating company profiles, consolidating financial data, and reviewing contracts, aiming to replace "manual, low-skill" tasks in the PE industry. The round was led by Outward VC, with support from Cornerstone VC, Antler, and fintech angels. Capsa AI co-founder Danyal Özdüzenciler said the company is driving productivity in major PE firms and aims to transform decision-making in private capital. #AI #Startups #Funding #PrivateEquity #ComplianceTech https://lnkd.in/eZ2kDKnZ

Always a delight to speak with Trevor Clawson at Forbes following the launch of our Q2 UK Innovation Update in partnership with Dealroom.co. We discussed all things AI and the encouraging signs we are beginning to see across the eco system: ● The UK continues to establish itself as a world class AI innovation hub, with the sector now valued at a quarter of a trillion dollars. ● This momentum is set to continue, with investment in AI on track for a record breaking year. ● Overall VC investment is on the up - UK start up raised $5.6bn in Q2 24, a 37% uplift compared to last year. ● The UK leads Europe for value created by University spinout's, with Cambridge & Oxford ranked 1st & 3rd respectively. You can read the full article here: https://lnkd.in/eeUhGk9k #AI #innovation #venturecapital

#ai | #artificialintelligence | #banking | #innovation | #startups : The Five Levers of AI Innovation are : (1) Research (2) Patents (3) Ventures (4) Partnerships (5) Open - Source Source - Evident Insights

For startups, where time and money are precious commodities, adopting smart technology like AI can revolutionise operations. It's not merely about automating tasks; it's about opening doors to newfound efficiencies that were previously beyond reach due to resource constraints. Learn more at https://www.acquire.ai #SME #AcquireAI