Aside from the rain, May was a great month at RLC Ventures as we announced the arrival of Intelligent AI to the portfolio and Condense Reality shared some exciting news.
In this edition we cover:
- Welcoming Intelligent AI
- Portfolio Updates
- What we wrote
- Events we attended
- Portfolio Jobs
🤖 Introducing Intelligent AI
In May we announced our investment in UK Insuretech Intelligent AI.
Intelligent AI is an InsureTech, headquartered in Exeter, Devon. The business provides real-time risk reports to enable insurers to price premiums accurately and assist in preventing the loss of millions in payouts from happening.
Intelligent AI has been working with Digital Catapult, the Alan Turing Institute in London and University of Exeter, and was also selected for the Lloyd’s Lab insurtech incubator programme.
Read more about our investment rationale here.
RLC Ventures led the £400,000 raise with participation from Force Over Mass Capital and the Gupta Group.
The latest updates from across the RLC Ventures portfolio throughout May:
Condense Reality was one of the four companies (of 3,000+ that applied) to have been selected into Sony's European Startup Acceleration Program.
You can read more here.
Organise are Hiring:
The Organise team are growing, and need more Engineers, Product Designers and Campaign Success Leads. If you or someone you know are looking to work for a mission-driven company improving the lives of millions, then get apply here.
🖊️ What we wrote
Over the course of May the RLC team had a look at the Games Industry. As part of our data gathering exercise, we broke down which Investors were most active when investing in games companies across Europe. Have a read below:
Other content published throughout May:
Events We Attended
This month, the RLC team attended a number of demo days that were hosted by accelerators as well as judging a series of pitches at an event hosted by Acceler8, where first place winner won a cash prize to facilitate the growth of their business.
Some of our portfolio companies are hiring:
See the open roles below at each companies careers page:
RLC Ventures is an Appointed Representative of FCA-authorised ‘Principal firm’ SFC Capital Partners Ltd (FRN:736284). EIS/SEIS investments should be treated as higher risk/speculative and place capital at risk. Past performance is not indicative of future performance and tax reliefs depend on individual circumstances and are subject to change. The products and/or services mentioned are only available to professional investors. The content of this Newsletter is correct at the time of publication. Any sharing or forwarding, by recipients of this communication, is the responsibility of the recipient as a communicator.