Nic Brisbourne at Forward Partners discusses their investments in AI and Web3

Episode 1474,   Jun 07, 2023, 07:25 AM

Nic Brisbourne, CEO at Forward Partners #FWD discusses their investments in high-growth, early-stage technology businesses which include many within the sectors of Applied AI and Web3.

Portfolio highlights

- 2022 Top 15 companies by Fair Value delivered a weighted average revenue growth of 144%.2

- 82% of Top 152 portfolio companies have 18 months or more cash runway, are on the path to break even without the need for further fund-raising or are profitable3.

· 23 investments made totalling £9.7m into 19 businesses (2021: £8.8m into 22 businesses).

- Three new investments totalling £2.4m: DevOps platform Baselime, AI healthcare analytics platform Sonrai and 'hospitality operating system' Dines.

- 20 follow-on investments totalling £7.3m including participation in Robin AI's $10.5m series A and Gravity Sketch's $33m series A.
Realisations of £1.1m from Somo and Cazoo Group Limited.
 

To read the full RNS click here