Motherbrain AI Finds Startups to Fund

click on image for EQT Ventures

Quite exciting –

Via Fast Company, “Motherbrain uses a mix of unsupervised and supervised deep learning algorithms. Unsupervised learning algorithms find significant patterns in data without any external guidance. Supervised learning algorithms require labeled training data. If the training data contains examples of animals labeled as “cat” or “not a cat,” for example, an algorithm tries to learn the characteristics of a cat in order to predict whether new animals are cats or not.

In the case of venture capital, data can be used to allocate companies to market sectors, a basic task conducted by any VC firm. The text a startup uses to describe itself and the sectors that other people have defined can help in this process, but the data is often noisy and contradictory, especially for emerging technology and sectors.”