25madison and Apollo Launch AI venture studio 25m Evolve

According to a press release issued today, 25madison, a prominent venture platform that incubates and invests in early-stage startups, has unveiled 25m Evolve in collaboration with funds managed by Apollo, a top global alternative investment manager. This enterprise software venture studio will focus on incubating AI-native applications, leveraging the latest advancements in artificial intelligence to help companies adapt to a constantly evolving digital landscape. 

The partnership between 25m Evolve and Apollo Funds is set to develop bespoke tech solutions addressing the pain-points of enterprise customers. This collaboration also provides operational expertise and capital support to rapidly deploy and scale AI-enabled vertical software solutions with enterprise partners. Steven Price, CEO of 25madison, highlighted the successful co-incubation formula established over the past three years with Apollo Funds, setting the stage for the new studio.