EdenBase

Excellent panel on the societal, investment, startup/scaleup opportunities (and challenges) of AI with (L to R) ✅ 🦖 Christopher Lowe, CEO at NOTWICS ✅ Richard Potter, CEO at Peak 
✅ George Mensah, Sure Valley Ventures - UK AI Investor ✅ Christopher Hill, MD at EdenBase - US AI Investor
✅ Tim Ryan, Partner at DAC Beachcroft 
 Some good insights for the AI4C (AI for Charities) community and ScaleUp Group work with AI startups/scaleups. My notes :- ➡️ Foundational level is not where the value is. ➡️ General understanding of AI opportunities/impact is low … ”it took to Series C before I had to stop explaining” so clearly a big need to raise AI awareness/knowledge/education ➡️ Peak are already fine tuning LLMs so this option is available to incumbents. ➡️ Startups still have speed and agility so can be successful by addressing a real-world customer painpoints with excellent business metrics, speed on “go to market” ➡️ You need data (and domain expertise). Quality, not necessarily quantity of data. ➡️ Is there really a lot of “dry powder” out there ready to deploy ? LP conversations are very tough. Funds haven't necessarily delivered liquidity. ➡️ Buy in Europe, list in the US ➡️ Timing of IPO key, founders need to understand the reporting is/can be onerous - effectively every 6 weeks. ➡️ How to get value out in a reasonable time without affecting share price ➡️ If you're worth x2-3 in US - you can raise capital easier for organic/inorganic growth ➡️ Opportunities ➕ Ask how can AI augment human experience ➕ Personalised learning and Healthcare care ➕ Robotics ➡️ Challenges ⚠️ AI tools as a weapons of coercion ⚠️ Regulation - getting the best balance between enabling innovation and societal safety ⚠️ A lot of power in large private companies Many thanks to the 👏 panel 👏 🦖 Christopher Lowe for organising 👏 Tim Ryan and DAC Beachcroft team for hosting

Exciting News from AI & Partners! We are very happy to have joined AI & Partners in releasing an essential whitepaper on the EU AI Act's impact on the FinTech sector. This document is a must-read for anyone navigating the rapidly evolving landscape of AI regulation. Executive Summary: The EU AI Act is a groundbreaking regulation aimed at harmonizing data legislation across the EU and safeguarding fundamental rights in the AI era. This whitepaper examines how compliance can drive operational excellence and reduce future regulatory costs for FinTechs. Key Takeaways: - Significant regulatory milestone affecting technology and traditional firms. - Extends to high-risk AI systems used by banks outside the EU for EU residents. - Ensures alignment with future international AI legislation. - Influences Trustworthy AI organization and accountability in FinTechs. - Risks of non-compliance include fines and market access restrictions. - Varying implementation efforts across different FinTech segments. - Impact based on customer types, interaction basis, services offered, and IT systems. - Enhances operational excellence and reputation, uncovering digitalization opportunities. - Robust technology infrastructure supports customer-centric management and client onboarding. Read the Whitepaper here: https://lnkd.in/d9uXjyxg Read the Presentation here: 2984b2_3ef056aeeea6408e9e8ffaf028b81f9d.pdf (ai-and-partners.com) Thank you to all who contributed to this comprehensive analysis. Let's continue to lead the way in FinTech innovation and compliance! TransfromBase 2024: Meet the AI & Partners team at TransformBase 2024 on June 27th at London's iconic St Katharine's Docks! 🌟 Join us to explore the latest trends and advancements in AI and find out more about AI & Partners' insights into what the new EU regulations mean for those doing business in the EU.   Register now at https://lnkd.in/e5dFwu_S   #FinTech #EUAIAct #AIRegulation #Compliance #DigitalTransformation #AI #Technology #Finance AI & Partners #TB24 #FinTech #EUAIAct #AIRegulation #Compliance #DigitalTransformation #AI #Technology #Finance AI & Partners #TB24

We are happy to share that our Co-Founder, Daniel Doll-Steinberg, has contributed to the insights on “Navigating an AI-Driven World” for the Global Startup Ecosystem Report 2024 by Startup Genome and the Global Entrepreneurship Network - launching June 10 at London Tech Week, London. This is the world’s most comprehensive research on startups, with data from 4.5 million companies across 300+ entrepreneurial innovation ecosystems. The #GSER2024 ranks the Top 40 global ecosystems, including a ranking of emerging ecosystems and an expanded regional ranking. Sign up to receive the report on launch day: https://lnkd.in/ewMY7nKF #TBase24

We are delighted to be a part of the Fintech Fringe Festival 2024 for an enriching exploration of the fintech landscape, on Thursday, June 13, from 14:00 - 17:30, at Fox Williams, 10 Finsbury Square, London EC2A 1AF. https://lnkd.in/dVHSR8g2 Day 4 of the festival is dedicated to understanding the UK fundraising landscape and identifying fintech-focused VCs. We're excited to announce that TransformBase and EdenBase fund Cofounder, Eric Van der Kleij, will be chairing the afternoon, and sharing his insights and expertise. Eric looks forward to sharing and discussing fundraising alongside key speakers Susanne Chishti Founder & Chair of FINTECH Circle, and Calypso Harland, Founder of Fintech Fringe and FinFest UK. Sign up now using this link below and enjoy an exclusive 25% discount with our partner code: TB_FF25. https://lnkd.in/dk48CQ4g

That’s a wrap at our Tokenisation and Digital Assets Summit at Guildhall, London – and City Week 2024. Some quotes: Our panel moderated by James Delaney, Managing Director, Asset Management Regulation, AIMA - The Alternative Investment Management Association: 💬 "I expect there will be a lot of interesting conversations around who holds the digital assets and who is the custodian." 🎤 Dmitry T., Chief Executive Officer, Copper.co 💬 "When selecting custodians we make a decision based on: audits, verification if the asset is there and segregation of assets." 🎤 Laurent K., Board Member, issuance.swiss AG 💬 "One of the use cases of tokenisation is that it will create new business and revenue opportunities." 🎤 Sabih Behzad, Head of Digital Assets and Currencies Transformation, Deutsche Bank 💬 "We need to start thinking about automating the value chain and that will trigger the value creation of tokenisation a lot more." 🎤 Katrin Koller, Head of Custody Product, Ripple Our next panel: 💬 “There are two types of digital asset issuance: natively digital and digital twins.” 🎤 John O'Neill, Managing Director, Global Head of Digital Assets Strategy, HSBC 💬 "We need to think about how we use blockchain to make financial products more efficiently." 🎤 Emma Lovett, Executive Director, Markets DLT, Credit Lead, J.P. Morgan 💬 "We want to be in a position where everyone can trade with each other." 🎤 Ami Ben-David, Co-Founder and CEO, Ownera Our panel moderated by Joshua de Vos, Research Lead, CCData: 💬 "It's useful to look at the risk profiles for crypto currencies, stablecoins and CBDCs." 🎤 Previn Singh, IB Principal Investments & Strategic Ventures, Digital Assets, UBS Investment Bank 💬 "We have all the benefits from all these opportunities but we also have to mitigate risks." 🎤 Adeline Bachellerie, Deputy Director Infrastructures, Innovation and Payments, Banque de France 💬 "There is a lot of potential in what can be done with digital currency and there are a lot of use cases of stablecoins." 🎤 Philipp Müller, CFA, Senior Economist, Swiss National Bank Our panel moderated by Eric Van der Kleij, Partner, TechNation, Level39, EdenBase: 💬 "We are embracing the computer-aspect of crypto, rather than the casino-attitude towards it." 🎤  Brian Quintenz, Global Head of Policy, a16z crypto 💬 "I have pondered over the facts that exchanges that have leaned into regulation do not seem to be rewarded or treated differently by the FCA than those who have avoided legislation.” 🎤  Stephanie Ramezan, Former CEO, Gemini UK 💬 "We are seeing a lot of exciting projects coming from emerging markets." 🎤  Jamie Burke, Founder & Chairman, Outlier Ventures 💬 "We are moving into a phase of 'chain abstraction'." 🎤  Richard Muirhead, Co-founder and Managing Partner, Fabric Ventures We look forward to seeing you at City Week 2025! #CityWeek2024 #AssetTokenisation #DigitalAssets

CALLING ALL SCALE-UPS!   We have a unique and exciting opportunity for you to exhibit at our flagship summer event on the 27th of June, courtesy of our partner Farringford Legal.   If you are a scale-up with: 10-100 employees £250k+ turnover Looking to build up your legal function   Why Exhibit? Connect with investors (over 55%!), industry leaders, and founders, and gain expert legal insights to navigate the complexities of scaling up. Don’t miss out on the chance to accelerate your growth and make meaningful connections. To apply and secure your spot, please message us on the TransformBase LinkedIn page and transform your business trajectory with Farringford Legal at TransformBase 2024!

We were delighted to welcome Lord Dominic Johnson (Minister for Investment and Regulatory Reform) and Tim Kay (Director – Science and Technology at DBT), at last year’s inaugural TransformBase event. This gathering laid the groundwork for a better understanding and adoption of frontier technologies by businesses and investors. TransformBase served as a key platform for exchanging insights among stakeholders who are both impacted by and are harnessing the fast-moving world of frontier technologies.    Earlier this week, we welcomed Tim Kay and Tom Scott (Senior Policy Advisor: Emerging Technology) from the Department for Business and Trade to our HQ at the Northeastern University London Startup Hub. There, we handed over the TransformBase 2023 Insights Report & Actionable Roadmap. This action plan was created using a pioneering AI method to synthesise the conversations and collective intelligence captured during the 2023 event, translating these into strategic insights and actionable directions for both policy-making and practical implementation. Following the official government handover, we are delighted to provide everyone with access to the report, made possible by our partners.  Commenting on the handover of the report, Lord Dominic Johnson, Minister for Investment and Regulatory Reform said; “Following a successful event last year, it’s fantastic to see TransformBase formally handing over key policy insights on technology investment and skills to the Department for Business and Trade. TransformBase’s use of AI to analyse discussions from investors, companies and government officials to develop specific policy recommendations is a hugely novel and innovative approach. These expert insights will inform ongoing policy development and support the UK’s ambition as a science and tech superpower.” Register to attend: https://lnkd.in/e5dFwu_S Eric Van der Kleij • Nikki Doll-Steinberg • Orestes Nicolaou

Delighted that our Co-Founder Eric Van der Kleij had the opportunity to celebrate 10 years of Innovate Finance and Level39 at the Innovate Finance Global Summit! 🚀

Save the Date for TransformBase 2024: Shaping the Future of Business, Skills, and Investment in Frontier Technologies 🚀 Curated by EdenBase, we are thrilled to announce TransformBase's flagship event (27th June 2024) at the prestigious Northeastern University London Campus in St. Katharine's Dock. This year, we continue our mission under the theme "Activate, Adopt, and Innovate," calling on investors, founders and businesses to embrace the future of the powerful technologies reshaping our world. Last year's event set a precedent, uniting industry leaders, policymakers, and visionaries in a collaborative effort to navigate the future of technology adoption. Commenting on the event, Alex McCraken, Managing Director, Innovation Economy, J.P. Morgan: “J.P. Morgan is delighted to support the TransformBase event, recognising the pivotal role of frontier technologies such as AI in driving innovation and productivity." Join over 300 investors, founders and business leaders for a day filled with insightful talks and interactive sessions designed to translate the transformative power of AI and emerging technologies into actionable strategies for your business. Stay ahead of the curve. Apply now and be part of a community shaping the future of technology for a prosperous and purpose-driven future: https://lnkd.in/e5dFwu_S Check out the full press release here: https://lnkd.in/eSAAXH69 Northeastern University #TransformBase2024 #Innovation #TechInnovation#FrontierTechnologies #BusinessAdoption #EmergingTechnologies #AI #InvestmentSkills #NU_LondonCampus #LondonTechEvent #BusinessTransformation #TechEvent Eric Van der Kleij • Daniel Doll-Steinberg • Arian Alikhani • Ramona Guha-Thakurta • Christopher Hill • Orestes Nicolaou • Nikki Doll-Steinberg • Chris Pinto • Aryana Melwani • Nil Vereshchagin • Alicia Micklethwait

Thank you to Northeastern University for a fantastic evening to mark the launch of their new hub and experiential programme. The event brought together an eclectic mix of entrepreneurs, alumni and students! It was a great opportunity to celebrate this milestone and foster inspiring connections. A special thank you to Mary Ludden, Rob Farquharson, Richard Corps, and Vaibhav Rustagi MBA for making the evening so memorable!