Twin Path Ventures, the UK’s leading pre-seed investor in AI-first start-ups, has received a £10 million commitment from British Business Investments.
The agreement, spread over the next three years, is designed to expand Twin Path’s capacity to nurture emerging tech founders across all UK regions.
Led by partners John Spindler, Nick Slater, and Katie Lockwood, Twin Path Ventures aims to invest approximately £10 million each year in around 15 AI-focused start-ups. The investment will target companies both inside and outside of London, reflecting the investor’s drive to champion regional innovation and decentralise economic growth.
Demonstrating impact
• Sention: East London-based Sention harnesses ultrasound and cutting-edge AI to spot and diagnose faults in fuel cell and battery production, enabling manufacturers to predict performance and degradation rates at an early stage. The funding allowed Twin Path Ventures to lead a £3 million seed round, alongside international co-investors.
• Amply Discovery: Hailing from Belfast, Amply Discovery deploys advanced machine learning and synthetic biology to uncover novel drug therapies. As a spin-out from Queen’s University Belfast, it is tackling major global health challenges, including cancer and drug-resistant infections.
• Composo AI: With teams in London and the North West, this start-up founded by ex-Graphcore and Quantum Black engineers has developed a platform that enables domain experts—engineers, lawyers, teachers—to easily train, test and evaluate AI applications built on Large Language Models.
Strategic collaboration
Adam Kelly, Managing Director at British Business Investments, says: “We’re thrilled to join forces with Twin Path Ventures and reinforce our support for the UK’s burgeoning AI ecosystem. By encouraging innovation in emerging tech, this partnership underlines our commitment to driving economic growth across all parts of the UK.”
John Spindler, Partner at Twin Path Ventures, adds: “This collaboration marks a big milestone. It boosts our ability to reach out to the next generation of AI pioneers, particularly in regions where support can be harder to find. We’re eager to discover new talent and help scale transformative projects in AI.”
Twin Path Ventures has already invested in over 20 AI-first companies since launching 18 months ago, with the new injection of funds set to accelerate its mission of backing UK-based start-ups poised for global impact.
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British Business Investments backs Twin Path Ventures with £10m AI fund to power UK tech growth