News

The State of Quantum 2026 report shows quantum computing maturing into a real market. For investors, the biggest opportunities lie in enabling infrastructure today and commercial adoption tomorrow.

Twenty-five years ago, I could have written that same sentence and replaced “AI” with “the Web,” and forty years ago, “the personal computer.” This is not an article about needing to use Claude or other agentic AI tools; that is something you should be doing already. In this case, I’m talking about a fundamental restructuring of how software gets built and deployed.

Every founder faces the same question: how fast should you go? In conversation with our Venture Partner, Duleepa “Dups” Wijayawardhana, we explored why so many startups struggle to balance speed, quality and scale, and how to get it right (at least most of the time). As Dups puts it, for every rule there is an exception, and for every exception there is something to learn.

When we met Jan Goetz, Professor Mikko Möttönen and the rest of the IQM founding team in late 2018, we knew we were seeing something rare. The science was hard to grasp, even for my colleague Patrik Backman, who had studied physics and some quantum theory, but the ambition was unmistakable.

At the start of the year, “2025: The Year of Agents” sounded like headline bait. Eight months in, it feels like an understatement. Sam Altman said agents would “join the workforce” in 2025. Satya Nadella expects them to replace segments of knowledge work. Marc Benioff wants Salesforce to be the “#1 provider of digital labour.” That’s not future tense anymore - today, agents are moving tickets, shipping code, and digesting documents.

Last November, we laid out a vision for AI-native services: businesses rebuilt from the ground up to combine the margins of software with the resilience and depth of services markets. Since then, we have taken dozens of first meetings, explored more than 15 verticals, backed our first deals, and sharpened our thesis along the way.

At Paca Ventures, we’ve long believed in automation software’s potential. It’s been a core theme in our investment focus for years, giving us early and continued exposure to exciting developments in the field.

Back in 2007, we held a short presentation while working at MySQL about a type of person we called a "Super Gold-Collar Worker." These were highly skilled individuals in growth companies who had become essential to business operations.

In the second part of Scaling AI, we explore how AI is transitioning from experimentation to delivering real-world impact for enterprises.

For those following these developments, it’s evident that AI-driven systems are no longer just emerging—they are fundamentally changing the landscape, making data management smarter, faster and far more adaptable. Here’s what we think 2025 will hold for us regarding the future of database management in an AI-driven world.

In the first part of our Scaling AI series, we reflect on the past 12 months and set our sights on the upcoming year.

The services industry is experiencing a rapid transformation driven by artificial intelligence (AI). AI-enabled services businesses are redefining traditional models by enhancing efficiency, improving client outcomes, and delivering exceptional value.

SaaS has been the subject of some concerned deliberations in the last few years, with growth slowing down, multiples staying low and cloud delivery not being a source of differentiation like in the good old days.

New analysis from O3 platform highlights growing regional strength of UK AI startup ecosystem over last decade.

In this update we will provide you with our assessment and view on the current macro and market environment, highlighting key changes, and how this has been impacting public and private investments.

Our Enterprise Automation Map 2023 offers an extensive overview of the ever-expanding landscape of enterprise automation software, featuring a selection of over 810 enterprise automation companies, boasting valuations exceeding $100M.

Our Investor Relations Director, Naureen Zahid, has written a detailed article on the market turmoil of 2022 and how this has impacted the investment approach of both GPs and LPs. Geopolitical and macroeconomic factors caused significant financial market turmoil in 2022, triggering soaring global inflation, which has had a significant impact on both public and private market investments.

Paca Ventures, a leading European venture capital firm, has released its Automation Market Map, showing that private funding for enterprise (software) automation companies hit $17.86 billion in 2021 - up 230% on the previous year.

Tom Henriksson, general partner at Paca Ventures, discusses how enterprise automation has gone from long-term strategy to operational imperative