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European Seed Investors Love AI, Hate E-Commerce And Are Piling Into France

#artificialintelligence

"I think what's key about AI is that it's a horizontal technology wave--AI is a profound enabling technology which is cutting across all sectors, which explains why it's ranked quite so highly," LocalGlobe's cofounder and Forbes Midas List alumnus Saul Klein told Forbes about the results of the survey.


European seed investors love AI, hate E-commerce, and are piling into France

#artificialintelligence

As every entrepreneur will know, securing that first round of seed capital is often the most crucial step in getting any business off the ground. And for their part, seed investors play a crucial role as tech influencers or tastemakers, often backing a trend years before it becomes mainstream. But what do these European tech tastemakers of today think is coming tomorrow? Artificial intelligence is the number one sector that seed investors in Europe are obsessing over, with a whopping 70% saying they're most excited about what's going on in the space. Mosaic Ventures, which has backed companies like period-tracking app Clue and crypto wallet Blockchain, this morning published the figures as part of an extensive study into the sentiment of 60 top European seed funders.


European seed investors love AI, hate E-commerce, and are piling into France

Forbes - Tech

"I think what's key about AI is that it's a horizontal technology wave--AI is a profound enabling technology which is cutting across all sectors which explains why it's ranked quite so highly," LocalGlobe's cofounder and Forbes Midas List alumnus Saul Klein told Forbes about the results of the survey.