firstminute capital

Thrilled to announce our strategic partnership to bring Wayve's Embodied AI to Uber's global mobility network. 🌏 Together we're massively ramping our AI’s fleet learning and collaborating with automotive OEMs to bring autonomous mobility to consumers sooner. You can read more in our press release here: https://lnkd.in/eZMcWD-y Excited to be working alongside Dara Khosrowshahi — here's a picture from our recent autonomous drive in London 🚀

Great to see the return of Tech Nation’s Upscale programme for 2024 - a gamechanger for early-stage UK tech businesses as they look to scale up 🚀 Securing Series B funding, especially in such a competitive landscape, can be daunting and proves difficult for many businesses. The Upscale programme puts strong emphasis on preparing to reach this milestone - helping to put the cohort on the front foot with support, workshops and access to a huge network of leaders and entrepreneurs. By leveraging the resources and support systems put in place, the three month programme will ensure that founders and their leadership teams are ready for rapid expansion and growth. Become the UK’s next success story & join the likes of Monzo Bank, Improbable, Curve, Cleo, Elvie, Beamery, Signal AI, Depop, Bloom & Wild and many more as Upscale alumni. Share this with your network and apply here  - https://lnkd.in/e-iqcNUV (Applications close on 9th September)

I’m excited to introduce my new company, Tessl! We’re reimagining software development for the AI era, and helping shape a new software development paradigm we call 𝐀𝐈 𝐍𝐚𝐭𝐢𝐯𝐞 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭. The AI tools we use for development today are novel and powerful, and we should all invest in embracing them - but they are only the beginning. They optimize dev workflows created before the LLM revolution, 𝐛𝐨𝐥𝐭𝐢𝐧𝐠 𝐨𝐧 𝐀𝐈 at various spots. To tap the true potential of AI-powered dev, we need to rethink these workflows from first principles, assuming 𝐀𝐈 𝐢𝐬 𝐛𝐮𝐢𝐥𝐭 𝐢𝐧. This is what we mean by AI Native development. I’ve linked to our launch blog post in the comments, as well as our new podcast. In both, we’ll explore AI Assisted dev tools and what AI Native Software Development is, and how the two will connect. Over time, you’ll see Tessl offering tools to help make this new software development paradigm a reality. On a personal note, choosing to found another company wasn’t an easy call. My passion for Snyk and Developer Security is as strong as ever, the Snyk team and product continue to be superb, and I love the broadened commitment to AI Trust - so much growth is still ahead!  And yet, I’m an entrepreneur at heart, and the potential to transform software development won me over :)  I transitioned to an active board role at Snyk at the start of the year, and continue to support Peter and the exec team as I focus on building Tessl. I am humbled by having some of the best people I’ve ever worked with join me in forming Tessl, and I look forward to exploring this new era for software development with them and all of you, and to help serve developers in a new, AI Native way. Sign up to our newsletter and podcast to join the journey!

🚀 Launch Day: Introducing Sequence CPQ 🚀 Today we’re announcing Sequence CPQ, our new quoting and order form builder designed specifically for Fintech, AI, and B2B SaaS startups. Whether you're selling custom deals with usage tiers, minimum commitments, or ramped pricing, Sequence CPQ has got you covered. 👉 Our new quote builder is a smart and easy way for commercial teams to build great-looking sales proposals and automate downstream finance workflows. 👉 Leverage templates, make custom pricing adjustments and publish your quote in minutes - all synced with your CRM. 👉 Native e-signature integrations unlock frictionless signing for your customers. Once agreed, you can automate downstream billing, invoicing and revenue collection in one click. Take a look at our demo below and reach out to our team to book a product tour.

Ahead of firstminute capital's Investor Summit at KOKO, 90 of our portfolio founders gathered at Google for a series of intimate workshops from familiar faces within our network and LP base. We invited a mix of CEO's & Founders with particularly interesting stories to share with speakers who have a renowned track record for delivering within a specific function. It's no easy feat curating a group of speakers that are highly relatable for founders that span across all stages of growth, sectors and geographies, but this group were totally epic 🙏🏼 a huge thanks to them for taking part and delivering huge value to our founders: 🦅 Dimple Patel, CEO at Nature Metrics: How to think about your Company as a Buyer not a Seller 🪡 Dominik Angerer, CEO at Storyblok: The Process of Finding Product Marketing Fit & Selling Successfully 🧊 Melissa Lester, Investor at Dig Ventures & ex Mulesoft: Creating Urgency in Selling ⚙️ Amar Shah, Co-Founder at Wayve: The Early Days of Wayve and Navigating the Technical Founding Role 🕶️ Marie Outtier, Founder at Aiden.Ai (acq. by Twitter): When to know you have Product Market Fit 🪄 Rory Woodbridge, Product Marketing ex Pleo, Google, Youtube: Ace your Product Marketing 💰 Jennifer Bers, Revenue Expert ex Unbabel, Onfido: Nailing Your Sales-Led Motion 🩺 Dr Jack Kreindler on Being Well Founded: The Latest Science from the World of Extreme Environments 👩🎨 Camilla Boyer Storytelling & Comms ex Checkout.com: Nobody Cares About Your Numbers - why your story can make or break your startup 🚙 Oskari Pétas, Co-Founder at Wolt: From Product Market Fit  To Scaling We concluded the day with epic storytelling from The Tempest Two, sharing their adventure mindset 🧗🏼♀️ Thanks to the team at Google and Jonette Jimenez in particular for giving us the space to let this all come to life! & as always, to our founders for bringing it 🥊 Anaïs Benazet Anaïs Touton Spencer Crawley Abby Hughes Min Nolan Lina Wenner Lorcan Delaney Adriana Vitagliano Michael Stothard Brent Hoberman Ben McCloskey ACA Sophie Napier Will Wells Marie Outtier

🚀 The Next Big Venture Category: AI-Enabled Services 🚀 Over the past decade, VCs shied away from service-heavy businesses. Services performed by humans are low margin, hard to scale, and lack the qualities for a speedy multi-billion dollar outcome. But it’s time to rethink this model. At firstminute, we're excited about AI-first approaches transforming the services industry. Here’s why we believe AI-enabled services are the next great venture category: 📈 Massive Market Potential: The Big 4 consultancies alone brought in $20bn in revenue last year. There are countless under-the-radar behemoths across various industries ready for disruption. 🤖 AI Revolutionizing Possibilities: Companies like Tata Consultancy Services and Conduent employ tens of thousands of people. With generative AI, these services are ripe for disruption, potentially increasing margins by 10-50%. 🖊️ Legacy Providers Ripe for Disruption: Unlike pure software companies, service incumbents rely on human labor and hourly billing. They’ll struggle to adapt to the AI wave, creating opportunities for new entrants. 🦾 Success Stories Leading the Way: Palantir is services heavy is a $100bn company. AI is creating more opportunities for similar success stories. One company we really admire is ClaimSorted, an AI-first Third Party Administrator (TPA) disrupting insurance claims processing. We see tremendous potential in TPAs and BPOs (Business Process Outsourcing) across various sectors like health, insurance, and supply chains. AI is blurring the lines between tech and services. Clients want efficiency and accountability, not distinctions between tech and services. Palantir’s blend of software and services is a testament to this shift, with their shares up 30% this year. As AI continues to revolutionize the services industry, we’re investing in founders who are ready to disrupt and innovate. The future is bright for AI-enabled services, and we’re thrilled to be part of this transformation. 🌟 Read the full piece here: https://lnkd.in/exVJv2xK #AI #VentureCapital #Innovation #TechRevolution #FutureOfWork Sam Endacott Lorcan Delaney Spencer Crawley Brent Hoberman Adriana Vitagliano Pavel G. Amy Lewin