DeepMind

About The Fund

DeepMind operates as an artificial intelligence research laboratory with a focus on developing general-purpose learning algorithms. Their primary aim is to advance the state of artificial intelligence (AI) in order to solve complex problems that can benefit society as a whole. DeepMind's research into machine learning, neuroscience, and systems neuroscience is designed to create a more general and flexible AI that can be applied to a wide range of tasks. They have created AI systems that can learn to play video games, diagnose eye diseases, and more. Through their research, they hope to realize their vision of AI being used as a tool to augment humanity and address some of the most significant challenges we face. One of their most well-known projects includes the development of AlphaGo, an AI that was able to defeat a world champion Go player. Their investment thesis revolves around supporting and pioneering advancements in AI by nurturing talent and collaborations in both academia and industry, aiming for transformative impact. They engage with portfolio companies that demonstrate strong potential in leveraging AI for scalable solutions, particularly those at Series A and Seed stages within the software industry, including sectors such as web marketplaces and SaaS. DeepMind seeks to invest in disruptive, technology-driven companies capable of changing the landscape of their respective sectors.