CanadianFamilyInvests #AIExpansion Peter Thomson's venture firm, Thomvest Ventures, is doubling down on AI investments, reflecting the growing importance of AI in enhancing productivity and security across industries. Recently, Thomvest led a $32.1 million round in Relyance AI, an AI-powered data governance platform. This marks another strategic investment following successful ventures with companies like Cohere Inc., which now boasts a $5.5 billion valuation. With AI's market predicted to reach $990 billion by 2027, Thomvest is focusing on sectors like cybersecurity and compliance, aiming to capitalize on AI's transformative potential. The firm, managing $750 million of the Thomson family's $12 billion fortune, signals a robust commitment to AI's future. #Thomvest #AIInvestment #DataGovernance #RelyanceAI #Saasverse How do you see AI shaping the future of data governance and compliance?
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Recently, an investment was made in Merantix, a prominent AI-focused platform that collaborates with visionary founders to incubate and invest in early-stage ventures. This partnership allows us to closely follow advancements in AI, exploring its potential interactions with our impact-oriented initiatives. By staying engaged at the forefront of this transformative technology, we aim to gain insights into how AI may shape the future landscape. #lighteagle #aiinvestment #investment #artificialintelligence
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🚀 Today marks a monumental leap forward for Relyance AI. We’ve just closed our Series B funding, spearheaded by Thomvest with strong participation from M12, Microsoft's Venture Fund, Cheyenne Ventures, and our long-standing partners Unusual Ventures and Menlo Ventures. This isn’t just another milestone; it’s the start of a new standard in governance for the AI era. With our Series B funding, we’re unleashing the next chapter (or next act, as we call it) of our journey, expanding Relyance AI to encompass #DSPM (data security posture management) and #AIGovernance. This isn’t just an evolution; it’s a transformation. We are building the world’s most comprehensive data protection, monitoring, and management platform—one that drives business outcomes by ensuring governance isn’t just a function, but a force multiplier. The future demands a new standard in trust and governance technology, and Relyance AI is leading that charge for the AI era. We’re only getting started, and the next chapter of our story will set the benchmark for the industry. I am beyond excited for what’s to come. Thank you to all our customers, investors, and, most importantly, the team. Read more about our journey here: https://lnkd.in/gFWtne6s #DataPrivacy #Security #Governance #AI #Trust #RelyanceAI
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VC Partners Arun (Accel), Astasia (Felicis), Sebastian (Lightspeed), Jordan (Redpoint Ventures) and I met last week at the NYSE Tech Summit to discuss investing dynamics in a time when technological innovation driven by AI is moving at warp speed: Risk/reward profile of AI companies is hard to calibrate right now. On one hand, the opportunity can be massive, but on the other hand, we’re early in the adoption journey, and valuations are high. Investors are looking beyond subscription software. AI companies often have consumption/usage pricing and AI is also transforming what it means to be a “services business.” AI-based services businesses can have high gross margins, strong tech moats and limited humans-in-the-loop. Despite all the headlines around AI, what investors are looking for at the core remains the same: solving a key pain point, customer love, big market, etc. But it’s now more difficult than ever to get to the bottom of these core issues due to all the AI hype. Thank you to Chuck Adkins and the NYSE team for putting on a great event and Julie Ruvolo for being a wonderful moderator!
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🚀 We from seed + speed Ventures have made a new investment! I am happy that seed + speed Ventures is now on board at Calvin Risk. The Swiss startup has received $4 Mio in #seedfunding to make #enterprise #AI more trustworthy! 🚀 seed + speed Ventures invested in this round together with JOIN CAPITAL in Calvin Risk to help companies deploy AI safely and manage risks through automated testing and quantitative risk assessment. As an ETH Zürich spin-off, they have developed a unique, quantitative approach to AI risk management that is rapidly gaining traction among global financial institutions and the C-suite across industries. With regulations like the #EUAIAct introducing strict requirements for AI systems, the need for reliable AI governance has never been greater. Calvin Risk’s combination of academic and industry expertise positions them at the forefront of AI risk management We look forward to be working with Julian Riebartsch and Syang Zhou and their whole Calvin Risk team! Congrats to seed+speed's Isabelle Thierfelder on closing the deal! Isabelle Thierfelder Carsten Maschmeyer Daniel Steffen Isabell Gollmer Andreas de Greiff Marco Döring Petra Kurschat Stefanie Mercedes Kindt Maria von der Lieck
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#sthlmtech #VC firm @northzone partner Pär-Jörgen Pärson (@pjparson) recently joined CNBC Squawk Box (@SquawkCNBC) Europe to share insights on the VC landscape and its outlook for 2025, w/ a focus on the transformative potential of AI https://lnkd.in/ev63aMXx #NordicMade #NordicVC
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AI and data governance are key issues that are only growing in importance! Relyance AI just closed a well deserved $32M round after inflecting the last few quarters. The bottoms up approach to map all your data and data workflows is magic that allows the most comprehensive set of trust and governance modules. Congrats Abhi Sharma and team!!
🚀 Today marks a monumental leap forward for Relyance AI. We’ve just closed our Series B funding, spearheaded by Thomvest with strong participation from M12, Microsoft's Venture Fund, Cheyenne Ventures, and our long-standing partners Unusual Ventures and Menlo Ventures. This isn’t just another milestone; it’s the start of a new standard in governance for the AI era. With our Series B funding, we’re unleashing the next chapter (or next act, as we call it) of our journey, expanding Relyance AI to encompass #DSPM (data security posture management) and #AIGovernance. This isn’t just an evolution; it’s a transformation. We are building the world’s most comprehensive data protection, monitoring, and management platform—one that drives business outcomes by ensuring governance isn’t just a function, but a force multiplier. The future demands a new standard in trust and governance technology, and Relyance AI is leading that charge for the AI era. We’re only getting started, and the next chapter of our story will set the benchmark for the industry. I am beyond excited for what’s to come. Thank you to all our customers, investors, and, most importantly, the team. Read more about our journey here: https://lnkd.in/gFWtne6s #DataPrivacy #Security #Governance #AI #Trust #RelyanceAI
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🎥 Another clip from our fantastic "Meet the Managers: AI" event! Yesterday, we were privileged to feature John Whaley, a true AI expert, VC Lab alumni, and now with Decile Partners. His insights were nothing short of brilliant. 🌟 As you know, at VC Lab we are all about ethics, and John has some insightful predictions about the future of AI regulations and how ethical companies will drive innovation. Don't miss our next "Meet the Managers: Dealflow Sourcing" event on May 22nd. If you're thinking about launching a fund, this is your moment. 💥 #venturecapital #vc #accelerator #investing
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Safe Superintelligence Inc. 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 𝐚 $𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Safe Superintelligence Inc. is a leading artificial intelligence research lab dedicated to tackling the technical and ethical challenges of developing advanced AI systems in a way that ensures safety for humanity. Safe Superintelligence Inc. has raised $1 billion in a deal reportedly giving the company a $5 billion valuation. Investors included Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel. NFDG, an investment partnership run by Nat Friedman and Safe Superintelligence Inc.'s Chief Executive Daniel Gross, also participated. Safe Superintelligence Inc., Palo Alto, California, United States, was founded in June 2024 by Daniel Gross, Daniel Levy, and Ilya Sutskever. "It's important for us to be surrounded by investors who understand, respect and support our mission, which is to make a straight shot to safe superintelligence and in particular to spend a couple of years doing R&D on our product before bringing it to market," noted SSI's Chief Executive Daniel Gross.
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Day 3 on the job and already there's exciting news: RapidCanvas has just successfully completed their Series A. This funding accelerates our mission to the world: The democratization of AI. Our incredible platform automates up to 75% of complex tasks traditionally performed by data scientists and engineers. In other words, 𝐢𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐬𝐢𝐭𝐭𝐢𝐧𝐠 𝐨𝐧 𝐮𝐧𝐦𝐢𝐧𝐞𝐝 𝐝𝐚𝐭𝐚, 𝐋𝐄𝐓'𝐒 𝐓𝐀𝐋𝐊! It's OK if it's messy; let us take a look and supercharge it. You have the data; we can mine it for insights that can gamechange your business. #rapidcanvas #AI #businesstransformation
We are thrilled to announce the successful completion of our Series A funding round, led by Peak XV Partners, with participation from Titanium Ventures and existing investors Accel and Valley Capital Partners. This milestone marks a significant step forward in our mission to empower business users and the next generation of data scientists to create tailored AI solutions effortlessly. Through our platform, which leverages the transformative power of AI Agents combined with expert human guidance, we’re enabling faster, simpler, and more reliable outcomes. We deeply appreciate the trust our investors and customers have placed in us and extend heartfelt gratitude to our incredible team, whose dedication and passion fuel our progress every day. Here’s to accelerating innovation, delivering impactful results, and shaping the future of AI together! Read the complete release here: https://lnkd.in/gXkf4-AT #RapidCanvas #AI #AIAgents #Fundraising #SeriesA #Tech #TechInvestment #ServiceAsASoftware #GenAI #GenerativeAI
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Big AI tech has lost ground since the AI euphoria reached its peak, but what is happening in the early-stage growth layer below? Listen to this Millionærklubben episode where Lars Jensen, Partner at Scale Capital and Michael Friis Head of Equities at HC Andersen Capital, join host Bodil Johanne Gantzel to discuss: 🔹 The status of the Danish venture market—How big is the market and where’s the money going? 🔹 Investments in unlisted AI companies—The enthusiasm continues, attracting 40% of all venture funding. 🔹 Congestion in the unlisted market—Slow M&A and IPO activity creating challenges for institutional investors and venture/PE funds. 🔹 Top picks for companies to watch—The potential winners that could lead the next wave of tech innovation. ↗ Listen here (in Danish): https://lnkd.in/dYhpRfMi ↗ Watch here (in Danish): https://lnkd.in/dsP4RJGi ↗ And read our latest quarterly update on AI landscape here (in English): https://lnkd.in/dzV5SXtM Euroinvestor #AI #Tech #Investor #VentureCapital #2024
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