Will Europe create more successful AI ventures than the US?
Update: 2023-11-07
Description
Maria Palma is a General Partner at Kindred Capital - a London HQ VC who describe themselves as an ‘equitable venture’ fund where every founder they back becomes a co-owner of the fund.
Kindred have raised £266m across 3 funds & have backed startups like FiveAI, which was sold to Bosch in 2022, and Atlas ML, which was sold to Meta within a year of raising a seed round from Kindred.
Maria explained why:
- Kindred's equitable venture model nurtures mutual support & learning across their portfolio
- there's so much imposter syndrome amongst European founders
- Europe is taking the lead in creating businesses that combine AI with leading-edge science
- the VC funding model is directly responsible for creating Gartner Hype Cycles
For more insights into Kindred Capital check out https://kindredcapital.vc/ and head over to https://alpinasearch.com/ for advice on hiring leadership talent for software startups & scaleups
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