EHE Ventures has announced the launch of a substantial £15m growth fund aimed at advancing AI-first businesses in the UK.
- The fund, called the S/EIS AI Growth Fund, targets early-stage companies transforming traditional sectors with AI.
- EHE Ventures promises a venture studio experience, providing technical and entrepreneurial support through The Startup Factory.
- The initiative plans to support businesses in the pre-seed, seed, and Series A stages, with investments in 6-8 companies annually.
- The fund will be managed by a skilled team of experts, including co-founders Guy Remond and Gary Fletcher.
EHE Ventures has introduced a new financial initiative designed to boost AI-first enterprises across the United Kingdom. The £15 million fund is a strategic move to support emerging businesses that are using artificial intelligence to revolutionise conventional industries.
Named the S/EIS AI Growth Fund, this investment vehicle focuses on early-stage companies that are pioneering change within their sectors through AI technology. It aligns with EHE’s objective of nurturing innovation and supporting ambitious entrepreneurs.
In a distinctive partnership with The Startup Factory, EHE Ventures is offering founders extensive resources beyond just financial backing. This includes a comprehensive venture studio experience, featuring technical build services and guidance from seasoned business leaders.
The fund aims to empower companies at various stages of early development, specifically targeting pre-seed, seed, and Series A levels. With the goal of funding 6 to 8 AI-enabled companies each year, EHE Ventures is setting a precedent for substantial growth and development within the tech ecosystem.
Leadership of the fund is entrusted to an adept team spearheaded by co-founders Guy Remond and Gary Fletcher. They are supported by industry veterans such as Andy Grove as Non-Executive Chairman, Neil Vose as Venture Partner, and a suite of other experienced professionals dedicated to ensuring the fund’s success.
EHE Ventures’ initiative represents a significant boost for AI innovation, offering vital support and expertise to budding tech companies.
