VCs have been trying to crack the secret sauce to picking a winning startup for decades. But could an A.I. algorithm be just as good, or better, than human intuition when it comes to spotting the next tech unicorn?
That’s what Mattias Ljungman, the founder of Moonfire, a UK-based early-stage investing company is banking on. Today, the firm announced its second fund of $115 million. Yet unlike other early-stage funds, a proprietary A.I. algorithm the company built will be spotting many of the fintech, gaming, and health care companies that the firm invests in across Europe.
