AI technology start-ups have been given a huge boost with the launch of a brand new £100 million fund to transform the growth of the industry.
British entrepreneur and investor Scott Dylan has launched the new venture capital firm NexaTech Ventures to help rising stars in the AI and tech industry to access the funds and business support they need to grow and succeed.
Scott Dylan created NexaTech Ventures to shake up the world of AI and Tech Startup investment. Not only is the firm offering promising AI entrepreneurs the funding to help grow their businesses, NexaTech Ventures will provide strategic guidance, mentorship and hands-on support to help them succeed in the long term.
Scott said: “It is all well and good throwing money at talented people, but if they don’t get strategic business support then they will struggle to scale their businesses successfully.
“NexaTech Ventures aims to rip up the old venture capital playbook. We will be investing in every aspect of the businesses we work with to create long term, stable and solid companies.
“AI is a huge part of our world right now and it is growing at a rapid rate. Investing in AI start-ups just makes so much sense to me. We want to help to mould, nurture and grow this sector to help businesses benefit from AI positively,” he said.
The fund is designed to help innovators in the healthcare, finance, logistics and creative industries with funding, mentorship and strategic support.
NexaTech Ventures will be offering AI tech inventors the chance to garner advice from industry leaders and meet potential partners and future customers. They will have access to expert mentorship as they navigate the challenges of growing and scaling the business. The team will also be offering strategic scaling support, so the companies can grow without losing their innovative edge.
NexaTech Ventures will be focusing on the high impact industries – healthcare, finance, logistics and creative, including digital media, film and music.
In healthcare, AI is helping to revolutionise patient care and advance medical research. In the finance sector, AI has been redefining areas such as fraud detection, personalised banking, and investment strategies. Logistics companies can use AI to optimise their systems and enhance operational efficiency. AI can help the digital media, film and music industries to reach audiences in novel ways and take artistic expression to the next level.
A New Approach to Venture Capital
Scott Dylan has shaken up the world of venture capital with the launch of his new firm NexaTech Ventures. By combining significant financial resources with industry expertise and a hands-on approach to support and mentorship, NexaTech Ventures will drive the growth of the next phase of technological innovation.