Miles Ahead Raises 20 Million for AI and Deep Tech

August 2023

Funding Achievement : Ghent-based Miles Ahead raises over 20 million euros for AI and deep tech startups.

Investment Plans : Aims to invest in up to 20 companies over the next five years, targeting an average investment of 600,000 euros with potential follow-up investments.

Focus Area : Primarily targets Belgian companies with international potential, emphasizing realistic valuations and growth.

Current Investments : Includes investments in Sealution (AI platform for ship data analysis), MyGamePlan (football data and footage analysis), and Talentguide (HR tool).

Strategic Approach : Offers a short, intensive process to shorten the learning curve for early-stage startups, focusing intensively in the first 12 to 19 months.

Investor Support : Supported by private investors from the technology sector and strategic partners like SFPIM Relaunch Fund and Ventures by Delaware, leveraging Delaware’s large customer base for strategic advantage.

Source: Miles Ahead