Skype co-founder reveals he's invested over $130 million into tech start-ups

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Skype co-founder reveals he’s invested over $130 million into tech start-ups

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Key Points

- Skype co-founder Jaan Tallinn has now invested around £100 million ($132 million) of his personal wealth into start-ups.
- Tallinn told CNBC that he’s backed somewhere between 100 and 200 companies.
- The entrepreneur-turned-investor has focused on companies that have artificial intelligence at their core.

![](https://image.cnbcfm.com/api/v1/image/101571083-460308353.jpg?v=1532564508&w=1858&h=1045&vtcrop=y)

Lionel Bonaventure \| AFP \| Getty Images

LONDON — Jaan Tallinn, an Estonian computer programmer who helped to set up Skype, says he has now ploughed around £100 million ($132 million) of his personal wealth into start-ups around the world since he started investing in tech.

Speaking to CNBC Wednesday, Tallinn said he’s backed somewhere between 100 and 200 companies, adding that around 100 of them are still “alive and kicking” today.

Through his various investment firms (the main one being Metaplanet Holdings), Tallinn’s currently investing in roughly one new company a month with anywhere from $500,000 to several million dollars.

The entrepreneur-turned-investor has focused on companies that have artificial intelligence at their core. He profited from an early bet on London AI start-up DeepMind, which Google acquired for $600 million in 2014. Elon Musk and Peter Thiel also backed DeepMind early on.

Tallinn has also given funding to a number of university research labs including Oxford’s Future of Humanity Institute and Cambridge’s Center for the Study of Existential Risk.

One of Tallinn’s more controversial start-up bets is a cryptocurrency investment of around $1 million into Faculty.ai, a London firm that builds AI software for companies and governments worldwide.

Faculty gained notoriety after it emerged that it had helped the “Vote Leave” campaign to take Britain out of the European Union. “I didn’t know that that they were doing that,” said Tallinn. [The Guardian newspaper reported](https://www.theguardian.com/politic

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