Eschewing pitch decks and personal connections in favour of data — here’s how a European investor uses AI to stay on top
|11/13/2019||Posted by BusinessMediaguide.Com under General World News||
- Swedish investment firm EQT Ventures employs a proprietary AI and big data tool to identify hot startups to invest in as it looks to stay ahead of the pack in Europe.
- The fund’s data-driven efforts have seen four of its last 10 investments come through its “Motherbrain” technology.
- EQT says investors which don’t become data-driven risk being left behind in the future.
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Investors across all asset classes are are always looking for a cutting edge over the competition but the pace of change has been markedly slower in venture capital than in other sectors.
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