2025: A Year in Review
“The scaffolding is now in place"
Over the past year, we’ve seen the world move from platform upgrades and early AI experiments into the beginnings of true adoption. For Hg, this marks a shift from defining and building the capabilities of AI to diffusion, a phase where progress no longer comes from experimentation alone, but from acceleration. Proving why a catalyst is now essential to push diffusion forward at scale.
As ever, our progress is grounded in Hg’s 25-year culture of continuous improvement. What comes next is defined by sustained product innovation: delivering new products that create new value.
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Welcome to Hg’s monthly update, designed to keep you updated with news from Hg and our network of portfolio companies. Follow us on LinkedIn.
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In the final Orbit of 2025, Cambridge’s DeepMind Chair, Professor Neil Lawrence brings a refreshingly grounded perspective to AI. Drawing on his experiences, Neil sheds light on why accountability requires skin in the game and why machines can never truly stand behind decisions the way humans must.
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Product Mind Principal, Oji Udezue, offers an energising vision of product leadership in the AI era. Drawing from 25 years of building products, Udezue reveals that it isn't something to fear but an opportunity for those willing to embrace what he calls "self-erasure."
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Businesses are accelerating efforts to automate workflows and build AI-enabled products, and the opportunity for software continues to grow. Managing Partner and Co-CEO at Hg, shares his outlook on tech M&A, AI’s impact on product innovation, and why the market is still significantly underestimating the scale of the opportunity ahead.
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Tara Johnson, Hg's CPO, speaks with Abigail Benham about the shift toward an augmented way of working, where 80–90% of our employees now use AI tools weekly, and how HR teams can stay ahead by combining commercial focus with curiosity and courage.
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We’re delighted to celebrate Anna Paternostro’s recognition in LGBT Great’s 2025 Women of Impact list! This is a testament to her leadership and her commitment to advancing inclusion at Hg and beyond." Read more
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“Nearly a decade on from making our first AI investments, this technology has shaped how our approximately 180 business units build, operate, and grow. AI now connects every layer of Visma’s federated ecosystem as a driver of product excellence, operational scale, and long-term competitiveness.” Read more
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"Together, we're redefining what's possible when you apply Industrial AI where it matters most: on the warehouse floor, in real-time, with measurable impact on throughput, accuracy, and workforce capacity." Read more
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“The acquisition of With marks a major step in our verticalization strategy. By combining With’s deep industry expertise with the knowledge we have developed over several years in field security, we are laying the foundations for a European standard." Read more
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