There’s no shortage of tech entrepreneurs taking venture capital money to turn their artificial intelligence ideas into AI reality. These startups typically fill up at the VC spigot and go back to their offices to build product, with check-ins from the VC firm along the way. That’s pretty much the complete opposite of the approach taken by Analytic Ventures.
Analytic Ventures may look like your typical VC firm from the outside, but it’s anything but on the inside. About a year and a half ago, the San Diego-based company created Analytic Ventures Fund 1, which sought cash from investors for the purpose of investing in startups that aimed to use AI tech to build products and services.