
Amelia Armour
Partner in the Early Stage Fund
Bio
Amelia joined Amadeus Capital Partners in 2009 and is a Partner in the Early Stage Fund. Her current investment focus is on AI, Photonics, and Novel Materials.
She is a Director on several boards including Xampla, who have developed novel plant-based materials to replace single-use plastics; iPronics who are building lossless optical switches for AI networking at the speed of light ; Riverlane a developer of the operating system for error corrected quantum computers; sprout.ai a provider of fast and accurate insurance claims automation and SLAMcore, a spin-out from Imperial College, developing spatial intelligence for autonomous robotics and drones.


“Truly innovative AI was never part of any bubble to begin with, as it provides real value to companies and people that’s evidenced by revenue which keeps pace with investment valuations.”
What we look for when investing in AI
Amelia is also an active board observer at Paragraf, the first company to mass produce graphene-based electronic devices.
Prior to Amadeus, she worked at Barclays Investment Bank as a manager in the structured capital markets team with responsibility for running a portfolio of multi-jurisdiction transactions. Amelia has also worked in structured finance at the Commonwealth Bank of Australia. She qualified as a chartered accountant with Deloitte in London in the corporate tax department.
Amelia joined the UK Government’s Semiconductor Advisory Panel in August 2023, established to deliver the National Semiconductor Strategy. She is a mentor on the Judge Business School’s Accelerate Programme and holds a BSc in Chemistry and Biology from Durham University.

Amelia is the contact for
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Intelligence
Riverlane is a quantum computing company developing Deltaflow, a Quantum Error Correction Stack that enables quantum computers to scale and deliver real-world impact sooner.
Riverlane
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Intelligence
SLAMcore is a Spatial AI company providing real-time localisation and mapping software that enables robots to understand and interact with the world around them.
Slamcore
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Intelligence
Sprout.ai uses AI and deep search technology to automate and accelerate insurance claims by generating accurate, data-rich insights in real time.
Sprout.ai
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Planet
Paragraf is a graphene electronics company pioneering mass production of graphene-based devices to transform semiconductor performance across sectors from automotive to healthcare.
Paragraf
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Planet
Xampla is a Cambridge-based materials science company pioneering plant protein-based alternatives to single-use plastics.
Xampla
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Intelligence
PolyAI develops voice-first AI agents that deliver human-level customer service at scale, helping global enterprises automate support, reduce wait times, and enhance user experience.
PolyAI
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Human
Healx is a Cambridge-based biotech using generative AI to accelerate drug discovery and develop treatments for rare diseases that currently lack approved therapies.
Healx
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Intelligence
RoboK is a Cambridge-based computer vision start-up using AI to turn industrial CCTV data into actionable insights for safer, high-performing workplaces.
RoboK
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Intelligence
Unlikely AI is a London-based company pioneering neurosymbolic AI that combines the power of machine learning with the reliability of symbolic computing to deliver trustworthy, explainable, next-generation AI systems.
Unlikely AI
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Intelligence
iPronics is a Spanish deep tech company pioneering software-defined photonics with the world’s first programmable optical switch, enabling scalable, low-power communication for AI and data centre infrastructure.
iPronics
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Planet
Epoch Biodesign is a synthetic biology company that has developed enzymes to convert unrecyclable plastic waste into valuable, low-carbon chemicals using AI and advanced automation.
Epoch Biodesign