Lightspeed Venture Partners is a global venture capital firm investing across enterprise, fintech, consumer, and healthcare sectors.
Portfolio
3
companies
Ineffable Intelligence
Developing artificial superintelligence via autonomous superlearners.
Lightyear
Lightyear provides a multi currency retail investment platform operating across European markets.
Zapp
Zapp operates an on-demand convenience delivery application providing around the clock service.
Rytis Vitkauskas
Partner
Nicole Quinn
Partner
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."
NordicNinja led the financing round alongside Lightspeed, Superangel, and several prominent angel investors.
"This Series B round is a huge vote of confidence in the untapped potential of investing in Europe and Lightyear’s ability to make the difference. Driving meaningful progress in this market means removing barriers to entry and demystifying investing for ordinary people. That’s why we feel so strongly about our vision for AI and the future of investing. Europe is still a society of savers with completely independent tax systems, different regulations and complicated infrastructure – it’s definitely not a one-size-fits-all solution. We’re making huge leaps forward in our mission to enable 750 million Europeans to build meaningful wealth, so it’s an incredibly exciting time for the business right now."
The Series B round was led by Lightspeed, 468 Capital, and BroadLight Capital, with backing from Formula One legend Lewis Hamilton.
"We’re on a long-term journey to build a technology-enabled supply chain that can deliver 1000s of products to 100s of millions of customers around the world faster and more sustainably than any other supply chain can today. With this new capital we will focus on achieving profitability in our existing markets as well as bringing Zapp to new customers globally."
