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929 Moonfire Ventures lands £73m for AI-assisted fund

UK Tech News
George Simister @ UK Tech News · 05/24/2023 00:00 EDT

Moonfire Ventures lands £73m for AI-assisted fund

Atomico co-founder Mattias Ljungman’s investment firm Moonfire Ventures has closed $90m (£72.6m) for its second fund that is supported by AI for investment decisions. Moonfire Ventures has created “proprietary AI models” to assist in finding new companies to back, as well as providing signals on the best time to exit. The VC firm states it ...

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