Google Ventures is on the hunt for the next DeepMind in Europe

The initial Google Ventures Europe team. Flickr/TechCrunch Google Ventures, the venture capital unit of Google, which has invested hundreds of millions into the likes of Uber, Slack and Medium, wants to make more investments in deeply technical European startups that are developing completely new technologies. The search giant’s investment arm announced a dedicated $125 million (£86 million) fund for European technology startups in July 2014 only to fold it back into the global fund after making less than 10 investments over a period that lasted less than two years. The overall Google Ventures fund now stands at $475 million (£332 million) globally. Google Ventures had five partners in Europe when it announced Google Ventures Europe but today there are only two left: Tom Hulme and Avid Larizadeh. Business Insider met…

Link to Full Article: Google Ventures is on the hunt for the next DeepMind in Europe

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!