Oxford Saïd and OpenOcean to develop AI-powered venture classification platform

Saïd Business School and OpenOcean, a European venture capital firm, have announced early October 2021 the signing of a new collaboration agreement to develop a venture classification platform. It will use artificial intelligence to classify start-ups, building powerful insight into businesses and their underlying technology.

The platform aims to improve transparency, reduce bias, and generally improve the quality of decisions made by stakeholders in technology startup ecosystems. These include venture founders looking to target an underserved client base, funders seeking to accelerate time to identify investment targets, and policymakers wishing to unlock bottlenecks in technology areas.

Research for the project will be undertaken by a team across the University and led by Oxford Saïd’s Professor Mari Sako and Dr Matthias Qian. Activities of the team at the School are funded by the Impact Acceleration Fund from the Economic and Social Research Council.

You will find articles of our team members Sam Hields (article) and Ollie Sellers (article), who cover their thoughts thoroughly and share more on this context from a #VC perspective.

Link to the original article by Saïd Business School, here.

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