• Autonomous driving with end-to-end Machine Learning

    Wayve is pioneering a new approach to autonomous driving that leverages end-to-end deep learning and computer vision. Co-founders Alex Kendall and Amar Shah started the company to enable AVs on a larger scale by bringing a greater focus on safety and data-driven solutions.

    Both Cambridge University graduates, Amar received a PhD in machine learning in 2016 while Alex followed a year later with a PhD in deep learning, computer vision, and robotics. They decided to pool their expertise and launched Wayve in 2017. Since Fly co-led Wayve’s Seed Round in 2017, the company has raised a total of USD 1.26B across its Series A, B and C, including money from such top-tier investors as Balderton, Eclipse, Baillie Gifford, SoftBank, Microsoft and NVIDIA, as well as prominent business angels Virgin’s Richard Branson, Meta’s Yann LeCunn, and OpenAI co-founder Ilya Sutskever.

  • Generative AI for material discovery

    Orbital Materials is building Alphafold for chemistry. They harness the transformative power of foundational AI models to generate and synthesize breakthrough materials. Co-founders Jonathan Godwin, James Gin, and Daniel Miodovnik created Orbital Materials in 2022 to discover breakthrough substances that will provide the foundation of next-generation products.

    Jonathan spent four years at DeepMind as a research engineer where he led the team working on AI-driven materials design and has had his work published in prestigious journals like Nature. James has a degrees in Machine Learning from UCL and Physics from Oxford. As co-founder of Datasine, he applied his expertise in large datasets and modeling and the startup was later acquired by Shutterstock. Daniel was previously Co-Founder of Social Finance Digital Labs and is currently an advisor to the UNESCO center on AI Policy.

  • Revamped source code management and concierge

    GitButler is developing a new, revamped, source code management and code concierge. An intelligent, context aware helper that continuously learns and adjusts to individuals and teams. Kiril Videlov, Anne Leuschner, and Scott Chacon co-founded the company in early 2023 to modernize how developers work with Git and with the goal to reinvent the entire concept of source code management. Scott co-founded GitHub, which has become a critical resource for developers around the world

    and in the process made him an influential figure in the software development space. He later co-founded language-learning service Chatterbug and the SCNE Accelerator in Berlin. Anne founded Delinero, a German e-commerce food company that was acquired by Bertelsmann (G&J), and later joined Chatterbug and SCNE. Kiril co-founded Sturdy, a Y Combinator company that developed a code management system and later became Codeball.

  • Leading Real-Time GenAI Security with Advanced Threat Protection and Intelligence

    Lakera specializes in real-time security solutions for GenAI applications. Founded in 2021, Lakera focuses on protecting AI systems from vulnerabilities such as prompt injections, data leakage, and inappropriate content. 

    In July 2024, Lakera raised $20 million in a Series A funding round led by Atomico, with participation from Citi Ventures and Dropbox Ventures.

    Lakera's platform offers real-time AI security without compromising application interactivity. Its API integrates with various GenAI models, providing an ultra-low-latency security layer. Centralized controls allow security teams to customize application-specific policies and address emerging threats without code changes. 

    Lakera's "Gandalf," an AI educational platform that serves as the world's largest AI red team. With over 250,000 unique users, including companies like Microsoft, Gandalf generates a real-time database of AI threats, contributing to Lakera's continuously evolving threat intelligence.

  • Transforming Debt Market Intelligence with AI-Powered Analytics for Financial Leaders

    9fin is the leader in AI-based debt market intelligence. Founded in 2016 by Steven Hunter and Hussam El-Sheikh, 9fin offers an AI-powered data and analytics platform that centralizes essential information for credit analysis and mandate acquisition. Their services cater to investment banks, asset managers, hedge funds, and law firms, providing tools such as news alerts, financial data analysis, predictive analytics, and covenant analysis.

    In December 2024, 9fin secured $50 million in a Series B funding round led by Highland Europe. This investment aims to enhance their engineering capabilities and expand their presence in the U.S. market. 

    As of January 2025, 9fin has nearly 250 employees across offices in London and New York City. Their platform is utilized by major financial institutions, including nine of the top ten investment banks and four of the top six law firms in debt capital markets.

Portfolio