London-Based VC Air Street Capital Raises $232M for AI Startups

Air Street Capital, a leading European venture capital firm, has closed a $232 million fund to invest in early-stage AI and tech startups across Europe and North America.
Air Street Capital, a prominent London-based venture capital firm, has raised a massive $232 million for its third fund, solidifying its position as one of the largest solo VCs in Europe. The firm's focus remains on backing early-stage artificial intelligence and technology startups across Europe and North America.
Founded in 2016 by former DeepMind and SoftBank employees Rasmus Wegener and Philipp Moehring, Air Street Capital has quickly established itself as a leading investor in the European AI ecosystem. The new Fund III will allow the firm to double down on its successful strategy of identifying and supporting promising AI-driven companies from the seed stage and guiding them through their crucial early growth phases.
{{IMAGE_PLACEHOLDER}}Source: TechCrunch


