Artificial intelligence (AI) startups have been given a major boost with the launch of a new £100m fund to transform the growth of the industry.
British entrepreneur and investor Scott Dylan has launched a new venture capital firm. Nexa Tech Projects To help rising stars in the AI and technology industry access the funding and business support they need to grow and succeed.
Scott Dylan founded NexaTech Ventures with the goal of disrupting the world of investing in AI and tech startups. Not only will the company provide promising AI entrepreneurs with the funding they need to grow their businesses, NexaTech Ventures will provide strategic guidance, mentorship, and hands-on support to help them succeed in the long term.
“It’s all well and good to throw money at talented people, but if they don’t get strategic business support they will struggle to scale their business successfully,” Scott said.
“NexaTech Ventures aims to break the old rules of venture capital. We will invest in every aspect of the companies we work with to create stable, robust, long-term companies.
“AI is a huge part of our world now and is growing at a rapid rate. Investing in AI startups makes a lot of sense to me. We want to help shape, nurture and grow this sector to help companies benefit positively from AI,” he said.
The fund is designed to assist innovators in the healthcare, finance, logistics and creativity sectors through funding, mentoring and strategic support.
NexaTech Ventures will provide AI innovators with the opportunity to gain advice from industry leaders and meet potential partners and future customers. They will have access to expert guidance as they tackle the challenges of growth and scaling their business. The team will also provide strategic support for expansion, so companies can grow without losing their innovative edge.
NexaTech Ventures will focus on high-impact industries – healthcare, finance, logistics and creative, including digital media, film and music.
In healthcare, AI is helping revolutionize patient care and advance medical research. In finance, AI is reshaping areas like fraud detection, personal banking, and investment strategies. Logistics companies can use AI to optimize their systems and boost operational efficiency. AI can help the digital media, film, and music industries reach audiences in new ways and take artistic expression to the next level.
A New Approach to Venture Capital
Scott Dylan has revolutionized the venture capital world with the launch of his new company, NexaTech Ventures. By combining deep pockets, industry expertise, and a hands-on approach to support and mentorship, NexaTech Ventures will drive the next stage of technology innovation.
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