AI Seed Scoops Best Exit of the Year 2023 at BBI Awards

AI Seed Scoops Best Exit of the Year 2023 at BBI Awards

AI Seed Scoops Best Exit of the Year 2023 at BBI Awards

2 MINS READ
AI Seed Scoops Best Exit of the Year 2023 at BBI Awards

AI Seed was crowned Best Exit of Year 2023 at the British Business Investments Angel Investments Awards for their success with Odin Vision. During 2023, Odin Vision was acquired by Olympus Corporation to the tune of £66 million, representing a x x growth on AI Seed’s pre-seed investment.

Commenting on this win, Managing Partner, Jacques de Cock, said:

“From our initial start, back in 2017, when no-one was particularly investing in AI outside of the top technology firms, to come to this recognition of our expertise is quite delightful. The many hours and days spent diligently reviewing all opportunities, the responsibility in our decision-making which has worn heavy at times, has come together not just for the Odin Vision success but the other companies in our portfolio that have delivered strong growth.

“It’s fantastic to see a specialist AI VC firm to be awarded this, from a very competitive field too. Investing in AI can feel complex with plenty of noise around it. However, if you have a very clear focus, for us that is only investing in vertical applications of AI and at an early stage, you can curate a strong investment portfolio that delivers returns.

“Early stage AI investment at pre-seed level is powerful and much-needed for businesses to survive and then thrive. Our process from contact to investment is very thorough, as we are particular about what AI technology we feel has got scalability and defensible growth. We have more successes to come.”

Back to news