Allianz-backed venture capital firm AV8 launches in the UK and the US.
Miles Kirby and George Ugras (pictured) have founded UK and US-based venture capital firm AV8 with a $180m fund committed by insurer Allianz.
AV8 will mainly invest in seed and series A-stage deals in digital health, big data, artificial intelligence, machine learning, mobility and robotics, according to Angel.co.
Prior to AV8, Ugras was head of IBM Ventures, the eponymous computing technology provider’s corporate venturing arm. Ugras initiated his VC career investing in early-stage technology companies, first at…
