Government investment vehicle
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Backed Ineffable Intelligence's seed round in April 2026; made third equity investment in May 2026, joining Isomorphic Labs' $2.1B Series B alongside Thrive Capital and Alphabet
In April 2026, London AI lab Ineffable Intelligence raised $1.1 billion at a $5.1 billion valuation, the largest seed round in European history. The founder, David Silver, is a University College London professor who led Google DeepMind's AlphaGo and AlphaZero, programs that learned board games entirely through self-play.
Updated May 31
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