Hoxton Ventures has partnered with NVIDIA in a £2 billion investment to bolster the UK’s leadership in artificial intelligence. This collaboration unites top venture capital firms to provide capital, compute resources, and infrastructure, empowering British founders to build transformative AI companies.
Hoxton Ventures joins NVIDIA’s £2 billion UK AI investment initiative.
Collaboration includes Accel, Air Street Capital, Balderton, and Phoenix Court.
Aims to enhance access to capital and supercomputing for UK AI startups.
Supports innovation hubs in London, Oxford, Cambridge, Manchester, and beyond.
Hoxton backs AI pioneers like CuspAI, Peptone, and Universal Quantum.
Strengthens UK’s position as a global leader in AI and deeptech innovation.
Announced today, Hoxton Ventures’ participation in NVIDIA’s £2 billion UK AI investment marks a pivotal step in advancing the UK’s artificial intelligence ecosystem. This alliance addresses longstanding barriers, including limited access to supercomputing power and venture capital outside London, while fostering collaboration between academia and entrepreneurship. The initiative supports AI startups across key innovation hubs, including London, Oxford, Cambridge, and Manchester.
The collaboration brings together NVIDIA, Hoxton Ventures, Accel, Air Street Capital, Balderton, and Phoenix Court to provide critical resources for UK AI startups. By offering capital and compute infrastructure, the partnership enables founders to scale innovative solutions in areas like next-generation AI, robotics, and advanced materials. This effort builds on Hoxton’s decade-long commitment to backing ambitious UK and European founders in AI and deeptech.
"Hoxton was founded on the belief that world-class companies can emerge from Europe — and the UK has the ingredients to be a global leader in AI," said Hussein Kanji, Founder and Managing Partner at Hoxton Ventures. "By working with NVIDIA and other top investors, we're bridging global scale with local knowledge to ensure that Britain's brightest founders have the capital, compute, and infrastructure they need to build globally transformative businesses."
Hoxton’s portfolio highlights the UK’s strength in AI innovation, with companies like CuspAI, Machenta, Milvus Advanced, and Universal Quantum leading advancements in AI, novel computing architectures, and robotics. Notably, Peptone, a UK-founded Hoxton portfolio company, collaborates with NVIDIA to develop AI for predicting disordered protein shapes, addressing complex biological challenges. These efforts, often rooted in research from institutions like Imperial College London, Oxford University, and the University of Sussex, underscore the UK’s potential to drive global AI breakthroughs.
This investment strengthens the UK’s position as a global AI leader by empowering startups with the tools to compete on a global stage. By bridging gaps in funding, infrastructure, and academic collaboration, the partnership ensures UK founders can transform innovative ideas into market-defining solutions, fostering a vibrant AI ecosystem with real-world impact.
Hoxton Ventures is a London-based venture capital firm investing in early-stage technology companies that can scale globally. The firm typically invests at the seed and Series A stages across sectors, with a focus on companies that have the potential to define new markets. Hoxton's portfolio includes unicorns and market leaders such as Deliveroo, Darktrace, and Preply, as well as the next generation of standouts, including Avantia Law, Cusp AI, Finster, Kitt, Peptone, Skin Analytics and many others. For more information, visit www.hoxtonventures.com.
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