AI Venture Builder, a UK-based startup studio focused on launching B2B AI-powered software solutions, has secured 103% of its £600,003 target via its fundraising campaign carried out via Republic Europe (with 7 days remaining in the crowdfunding campaign).
AI Venture Builder is reporting a total of £619,198 raised from 181 different investors (at the time of writing). Based in London, the AI-enabled UK startup says that it is currently focused on the SaaS/PaaS sectors (Mixed Digital/Non-Digital B2B).
Incorporated in December of 2023, the company’s investment summary is as follows: Type: Equity; Valuation (pre-money) of £4.4M; equity offered : 12.30%; a share price of £3.55; tax relief; EIS.
The company’s business highlights are as follows:
- Europe AI spend to hit $144.6B by 2028
- “Proven” Venture Building Model
- “Strong” Early Traction & Growth Potential
- AI Provider to “top” corporates
Key features include: Secondary Market; Nominee investment min. £21.30 +.
As covered, AIVB explains that it aims to create scalable AI ventures that are said to be focused on the following sectors: defence, medtech, fashion, and finance, “turning high-potential ideas into impactful AI solutions.”
It’s worth noting that these are very large sectors and attempting to specialize in all of them may be impractical, especially given that a very large amount of resources are needed to do this.
With a very modest £500K appr. in revenue in 2024, backed by more than 20 B2B clients and exclusive deals with Cy4Gate, Elettronica, and Almaviva, revenue is “expected to more than double in 2025.”
Matteo Testi, CEO and Co-Founder of AIVB, claims that they are going beyond the hype and focusing on functional products.
As reported earlier, the current funding round on Republic is expected to support 50% toward new AI product development and R&D, 20% for expanding the team with AI engineering talent and 30% for go-to-market efforts across.
AIVB is supported by Over Ventures, a European venture advisory firm specializing in alternative financing.
The offering is expected to close in the next week (at the time of writing).
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