Air Street Capital closes new €14.6 million fund to back early-stage AI startups in Europe and the US

The AI-focussed venture capital firm Air Street Capital today announced the closing of a €14.6 million fund, targeting early-stage founders in Europe and the US who combine AI expertise with deep sector-specific knowledge. Led by Air Street Capital founder and general partner Nathan Benaich, the London-based fund represents a new way of investing in AI companies. Its partners are embedded in the AI community and apply technical expertise to spot new talent and to source viable AI applications. Before starting Air Street Capital, its founder Nathan Benaich launched RAAIS and London.AI, which connect AI practitioners from large companies, startups and academia. Benaich's prior investments include Mapillary (acquired by Facebook), Tractable, LabGenius, Thought Machine, Starship, Ravelin, PolyAI, Jukedeck (acquired by ByteDance), and Numerai.