Rewired Targets Growth-Stage AI Ventures
Rewired, the robotics focused venture studio that invests in growth-stage technology ventures, is seeking to add new artificial intelligence and robotics investments to its portfolio. The portfolio currently encompasses innovations in machine learning, robotics, bionics, smart sensors, mapping and localization in the UK and USA.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200330005016/en/
Backed by investors who believe that analysts are underestimating the prospects of AI, Rewired seeks to make investments of between $5m and $30m. Its status as a venture studio means that Rewired uniquely seeks to attain a substantial or majority position as an investor, and to then provide long term funding and expertise. The Rewired approach is to alleviate founders from the burden of constant fundraising so they can focus on growth, whilst avoiding the dilution that VC’s typically accept during multiple funding rounds.
Rewired is seeking to back ventures that require growth capital to scale existing proprietary solutions that have already been proven, with a clear pathway to profitable growth. Experienced founders and a management team with commercial credibility in the intended marketplace are also a prerequisite for a Rewired investment, as is acceptance that the venture studio seeks to take a significant equity stake and to play a very active role.
Rewired has also made two new appointments in its Swiss office to support future deal flow. Laurent Bischof has joined Rewired as a Board Director. In 2016 Laurent co-founded Bloom, the first AI platform dedicated to strategic analysis of social networks. He also has over 15 years of venture capital experience. Marc-Olivier Bertholet has joined Rewired as a special advisor with over 20 years of international biotech and MedTech experience.
Many of the ventures backed by Rewired have humanitarian applications. In October 2017 Rewired led the funding round for Mountain View-based Aromyx, a venture that has developed olfactory biosensors that enable machines to taste and smell. In 2019 Aromyx completed successful trials of its olfactory sensor technology with a global plastics and chemicals company. Less than 10% of the world’s plastics are currently being recycled, with odour quality being a major barrier to broad-scale recycling. The 2019 trials indicated that the Aromyx technology could help to raise global plastic recycling to between 60% and 80%.
In 2017 Rewired also backed Bristol-based Open Bionics, a robotics manufacturer that has developed the next generation of 3D-printed bionic limbs. The company’s ‘Hero Arm’ is the world’s first clinically approved 3D-printed bionic arm. Since its fundraising, Open Bionics has expanded and exported bionic arms to the USA, Europe Australia and New Zealand.
Based in London in the United Kingdom and Lausanne in Switzerland, Rewired is funded by investors including the Cascade Global multi-family office and the Kohli Ventures investment vehicle of Tej Kohli. Cascade Global is also an investor in the Rewired.GG sister fund, which in 2019 became Europe largest esports investor when it invested €34m in an esports team.
Laurent Bischof, newly appointed Board Director of Rewired said:
“The majority of Rewired investments are still in stealth mode. But we believe that artificial intelligence and robotics will change everything, from making businesses more efficient to improving healthcare and even extending human life. The ventures that Rewired seeks to back are building the technology platforms that will help to power the new economy.”
Amit Jain, CEO of Cascade Global said:
“There are unprecedented events in the world at the moment and it is vital that we continue to invest in building the future through funds like Rewired. The promise of the artificial intelligence economy offers unprecedented opportunities to improve every aspect of human life and Rewired seeks to back the ventures that will enable this future.”
Tej Kohli, investor in Rewired said:
“I believe that artificial intelligence will change the world for the better and will be the biggest thing to ever happen to humanity. I am fascinated by the technologies that will be needed in order to put artificial intelligence into everything. This is exactly where I have placed my investment focus and Rewired aligns with this investment outlook entirely.”
Josh Silverman, CEO of Aromyx said:
“Since Rewired recapitalised with $100m of new funding in 2019, the team has always been emphatic that they have the resources available for $20m+ of further funding that could be made available to us. This is commensurate with what I have come to learn is the Rewired philosophy - that founders are free to build their company without constant fund-raisings.”
About Rewired
Rewired is a robotics focused venture studio and investment fund. Established in 2017 in the United Kingdom and Switzerland, the Rewired thesis is that artificial intelligence can make every industry and everything that is around us perform better with minimal human input. Rewired is on a mission to master the constellation of technologies that will enable this AI economy. This involves looking past the capabilities of human perception and into new technologies that allow us to tap into and create entirely new modalities of data and advancements that will enable the optimal application of AI throughout everyday life.
Click here to watch a video about Rewired
Click here to visit the Rewired website
ENDS
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200330005016/en/
Contact information
Media Contacts
Michael Macfarlane
mike@rewired.com
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IonQ och QuantumBasel förlänger sitt långsiktiga samarbete till nästa generations kvantsystem20.12.2025 21:32:00 CET | Pressmeddelande
IonQ (NYSE: IONQ), världens ledande kvantdatorföretag, tillkännagav i dag ett utökat samarbetsavtal med QuantumBasel, kvantinitiativet vid uptownBasel, Schweiz internationella innovationscampus. Genom det utökade avtalet beviljas QuantumBasel äganderätten till det befintliga IonQ Forte Enterprise-systemet och blir ägare av ett nästa generationens Tempo-system. Det nya avtalet ökar det totala värdet av samarbetet mellan QuantumBasel och IonQ till över 60 miljoner USD samtidigt som IonQ:s roll i Schweiz därigenom förlängs i ytterligare fyra år, t.o.m. 2029. QuantumBasel är IonQ:s officiella innovationscenter i Europa och fungerar som ett nav för europeiska industrier, universitet och forskningsinstitut som vill utforska praktiska kvantdatortillämpningar och få tillgång till IonQ:s senaste storföretagssystem. ”Vårt förlängda samarbete med QuantumBasel utgör en hörnsten i IonQ:s globala strategi”, säger Niccolo de Masi, styrelseordförande och CEO på IonQ. ”QuantumBasel fortsätter att vara
EIG Acquires a 49.87% Stake in Transportadora de Gas del Perú (TgP)19.12.2025 18:42:00 CET | Press Release
EIG, through its managed investment vehicles, acquired a 49.87% equity stake in Transportadora de Gas del Perú S.A. (“TgP”) from Canada Pension Plan Investment Board today. TgP operates Peru’s principal natural gas and natural gas liquids pipelines under a long-term concession, supplying approximately 40% of the country’s power generation. “We are delighted to complete this transaction and embark on the next chapter of our partnership with TgP,” said Matt Hartman, EIG’s Global Head of Infrastructure. “Our priority is to support TgP’s operational excellence and long-term stability, delivering value for customers and stakeholders throughout Peru.” About EIG EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.3 billion assets under management as of September 30, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $51.7 billion to the energ
Klarna Partners With Coinbase to Add Stablecoin to Funding Mix19.12.2025 18:00:00 CET | Press Release
Klarna, the global digital bank and flexible payments provider, has partnered with Coinbase to add stablecoin funding to its broad range of traditional sources of funding, which include consumer deposits, long-term loans and short-dated commercial paper. The digital bank plans to raise short-term funding from institutional investors denominated in USDC utilizing Coinbase’s digitally native infrastructure. Adding a USDC-denominated funding source enables Klarna to access USD-like funding directly, tapping into a new pool of institutional investors. “This is an exciting first step into a new way to raise funding,” said Niclas Neglén, Chief Financial Officer, Klarna, “Stablecoin connects us to an entirely new class of institutional investors, and gives us the potential to diversify our funding sources in ways that simply weren't possible a few years ago. This is just the beginning of how digital assets can work alongside our traditional funding sources." Klarna chose Coinbase for this ini
CyberArk Named a Leader in IDC MarketScape: Worldwide Integrated Solutions for Identity Security 202519.12.2025 17:00:00 CET | Press Release
CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that it has been recognized as a Leader in the IDC MarketScape: Worldwide Integrated Solutions for Identity Security 2025 Vendor Assessment. CyberArk extends dynamic privilege controls across all identity types with its unified platform, enabling organizations to improve efficiencies and streamline security operations. This IDC MarketScape report notes, “More change has occurred in the identity security marketplace in the past two years than in almost a decade. Vendors are entering a new phase defined by the emergence of intelligence technologies, none of which are specifically defined by any industry standards. Though different by design, the new adjacent IAM offerings are largely focused on improved vulnerability and threat management visibility and automated and predictive attack detection capabilities.” It also notes, “By addressing these evolving identity types within a unified framework, CyberArk enh
New York Liberty and Ant International’s Alipay+ Announce Multiyear Partnership Focused on Empowerment, Sustainability and Youth Development19.12.2025 14:30:00 CET | Press Release
The New York Liberty and Ant International’s Alipay+, a leading cross-border fintech services platform based in Singapore, today announced a multiyear partnership, making Alipay+ an Official Sponsor and Innovation Partner for Sustainability of the New York Liberty. Through this partnership, Alipay+ and the Liberty will jointly support community programs designed to advance community empowerment, environmental sustainability and youth development across New York City. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251219678825/en/ Peng Yang, CEO, Ant International and Clara Wu Tsai, Vice Chair, Brooklyn Sports and Entertainment; Governor, New York Liberty “Our partnership with Alipay+ goes beyond the game,” said Keia Clarke, Chief Executive Officer, New York Liberty. “Together, we are investing in the future of New York—its people, its environment, and its youth. Ant International’s commitment to community empowerment, sustai
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom