Sovereign AI Fund
UK Government · Sovereign venture fund, pre-seed to growth
Sovereign AI is the UK Government's own venture fund for British AI. Launched in April 2026 and run by the Sovereign AI Unit, it has £500 million to invest in UK AI start-ups from pre-seed to growth, typically writing equity cheques of £1 million to £10 million on market terms alongside private investors. The unit is chaired by James Wise of Balderton Capital, with Joséphine Kant as Head of Ventures and Suzanne Ashman as Managing Partner of the investment committee.
Alongside capital it offers what private funds cannot: up to one million GPU hours per company on the UK's national AI supercomputers, fast-tracked visas for AI talent, access to curated national datasets and the UK research base, and contracts of up to £10 million. Its priority areas are compute and infrastructure, foundation models, health and life sciences, scientific discovery, and trust, safety and assurance.
Backing sovereign UK capability
Its first equity investment was Callosum, the Cambridge-founded company that lets AI models run across different chip architectures, followed by Ineffable Intelligence (alongside the British Business Bank), Isomorphic Labs, CuspAI and AI chip company OLIX. Six British companies, including Cosine, Odyssey and Prima Mente, also received over three million GPU hours of sovereign compute. The fund is still early, but its whole purpose is to help British AI companies scale while staying headquartered in the UK.
sovereignai.gov.uk ↗