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UK Sovereign AI Fund backs firms seeded by managing partner's former VC firm

1 article1 sourcesince Oct 29Last article 14h ago ·

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The Citizens reports that two companies backed by the UK government's Sovereign AI Fund received seed investment from a venture capital firm where the fund's managing partner previously worked.

The report says the managing partner is the wife of Tony Blair's son, and that her former firm made the seed investments. The Citizens report does not state whether the fund's managing partner had any role in those investments, and no response from the parties is given in the report.

Written by AI from the articles below · updated Oct 29, 10:01 PM ET

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Oct 29
  1. The CitizensX
    Two government-backed AI firms got seed money from ex-employer of fund partner

    AIThe Citizens reports that two companies backed by the UK government's Sovereign AI Fund received seed investment from a venture capital firm where the fund's managing partner previously worked. The managing partner is the wife of Tony Blair's son, according to the report. The Citizens says the seed investments were made by her former firm.

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