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Barry · Managing Partner
Team · SVV
Barry Downes
Managing PartnerFounder turned investor with deep AI expertise

Barry founded Sure Valley Ventures in 2017 and leads it as Managing Partner. Before SVV, he started FeedHenry, the enterprise mobile platform Red Hat acquired in 2014, and was CEO of the Walton Institute (previously TSSG), an internationally recognised research and innovation institute. A computer scientist by background, he holds an MBA from UCD Smurfit School, completed the Venture Capital Executive Programme at UC Berkeley Haas, and is a Certified Investment Fund Director.
He writes AgenticInvestor Weekly on how AI agents are changing investing, and built the Agentic Investing Maturity Model that SVV runs on and publishes openly.
Writing
AgenticInvestor Weekly
Subscribe on LinkedIn →The AI Apocalypse Is Cancelled* - Is the Black Box Finally Opening?What if AI’s black box is easier to open than we thought? That is the question I keep coming back to this week. We have spent years debating what increasingly capable models can do. A promising line of research is asking whether we can understand much more clearly how they do it.The AI boom meets the balance sheetYou can be right about AI and still make the wrong investment. This week brought that tension into focus. Concerns about financing the infrastructure build-out collided with another round of model launches. Meanwhile, developments in AI security raised questions about the cost of putting increasingly capable agents to work.When AI starts making discoveries, who captures the value?If AI can produce new ideas faster than experts can validate them, where does the investment opportunity move? That is the question connecting three developments in this week’s AgenticInvestor briefing: AI-generated mathematical research, Google’s enterprise agent launch and another reduction in the cost of intelligence.
Articles
All on LinkedIn →- Where Is Your Firm? Introducing the Agentic Investing Maturity ModelThe practical path from AI experiments to a learning investment firm.↗
- From AI Experiments to AI-Native Investing: Introducing AgenticInvestorMost investors are now using AI. Very few have redesigned their work around it.↗
- What Should an Investment Firm Actually Delegate to Agents?There are two kinds of AI showing up in investment firms right now.↗
- The Future of Automation Is Skills + ConnectorsThe visual workflow builder isn’t dying. But it’s no longer where the value is. The moat is shifting to skills, connectors, and orchestration.↗
- Why Clawdbot Took Off and Why Codex, Not Copilot Studio, Points the way to Enterprise AdoptionCopilots were the warm-up. Delegation is the shift.↗
- My 2026-2027 Investing Lens: The Agent Investment StackWhere value accrues as AI moves from assistive to delegated.↗
In the press
- The AI JournalWhy we decided to give away our AI playbookVenture capitalists are trained to protect anything that might give them an edge.↗
- Tech Funding NewsAnthropic’s CEO wants AI to slow down. European VCs ask: Who really benefits?VCs and founders across Europe and the US tell TFN that slowing AI frontier development barely touches the real risks they manage day to day.↗
- The DrawdownSure Valley Ventures makes AI blueprints freely availableAll the firm’s managing partner, Barry Downes, asks for in return are ‘goodwill and feedback’↗
Events
Coming up
All events →- Hosting · OnlineWhere is your firm on the AI maturity curve?↗
- Speaking · LondonEVFIN London MeetingAgentic investing, at the members' meeting of the European Venture Fund Investors Network→
- Speaking · WaterfordNational Partner Opportunity PlatformGuest speaker on AI and what VCs want, at the fifth national event where university researchers meet industry partners→
Recently
- Speaking · LondonUK Private Capital AI BreakfastSafe experimentation with AI across private capital→
- PanelCyber Ireland National ConferenceIt takes a Village: Creating Ireland's Next Cyber Start-Up↗
- Speaking · OnlineAlludium webinar: the AI-native venture team↗
- Speaking · LondonThe AI Summit LondonBarry on what breaks when companies adopt agents; DC chairs “Do Investors Back Teams or Technology?”↗
- Panel · DublinFierce Tech Founders SummitQuickfire founder questions with Lorraine Curham, Michelle Fogarty and Ian Browne↗
- Panel · DublinDublin Tech SummitBarry on seed terms with Propelor BIC; DC on three panels, including fintech funding with Audrey AI and Enterprise Ireland↗