Evantic is a venture fund founded by former Sequoia partner Matt Miller.
Portfolio
2
companies
Ineffable Intelligence
Ineffable Intelligence develops advanced artificial intelligence systems through reinforcement learning and experience.
Synthesia
Synthesia builds a platform for generating professional video content directly from text using customizable avatars.
Matt Miller
Former Sequoia partner
Matt is the founder and managing partner at Evantic Capital, following twelve years as a partner at Sequoia Capital. He has held board positions at several technology companies, including Confluent and dbt Labs.
The British Business Bank and the Sovereign AI Fund have backed the artificial intelligence developer in a record-setting seed round.
"David Silver is a generational talent who has consistently been on the cutting edge of AI development. Ineffable Intelligence has the potential to produce a paradigm shift in our scientific and technology landscape, and we are incredibly excited to be supporting him and his team in this endeavour."
Google Ventures led the Series E financing round, which valued the video platform at $4bn.
"Synthesia is a UK success story, creating new jobs and opportunities in this country. It shows that by backing innovators to start, scale and stay in the UK through better access to finance and generous tax reliefs, we can turn the promise of AI into better-paid jobs and long-term growth across the UK."
