25 years building, investing and auditing AI — before it was called AI.

Bastiaan van de Rakt

// thesis

Building AI is getting easier. Keeping AI in production is still hard. Committing the right human in the loop — that is the real challenge.

// what drives me

Most of what I do comes down to one question: is this AI real, or does it just look like it? As a builder, investor and auditor — that question shows up every day, in different forms. Building taught me where AI breaks. Investing taught me where founders underestimate that. And auditing keeps me honest about both.

AI only gets genuinely better when the right people stay committed to the feedback loop — high quality, right frequency, over time. That's not just a technical problem. It's a people problem. The founders who understand that are the ones worth backing.


// building

The hardest part was never the AI model. We started INIT8 in 2003 — one of the earliest analytics companies in Dutch healthcare. No playbook, no investors, just building. We sold it in 2011. That exit funded what came after — and taught me that execution beats ideas every single time.

At VODW — later acquired by EY — we built and grew a data science practice inside large legacy organisations. Same lesson everywhere: 20% technology, 80% politics, integration and patience. Getting AI to actually work inside a real organisation is a fundamentally different problem than building a model that performs well in a notebook. That experience led directly to co-founding Enjins in 2018 — a company with one focus: getting AI into production for companies that actually use it.

Around the same time, at Quin, we worked on AI-driven clinical decision support. A wrong prediction has real consequences for real patients. That changed something. Human-in-the-loop stopped being an abstract concept and became very concrete: specific people, clear responsibilities, and the genuine ability to intervene when the system goes wrong.

What we learned at Enjins and Quin combined led to co-founding Deeploy in 2020 — runtime AI governance for what happens after deployment. Once AI is live, you need to monitor it, measure it, and make sure the right humans stay genuinely in control. Both Enjins and Deeploy are still going. Both still where I invest real time.


// investing

Investing without building experience is just pattern matching on slides. The INIT8 exit planted the bug. By 2014 I was doing it seriously — first with my own capital, later under the label Why Commit Capital, and increasingly in partnership with other entrepreneurs and early-stage VCs who shared the same thesis. Over the past decade: 1000+ companies looked at, 100+ real due diligences, 25+ investments across Climate and AI.

Currently Operating Partner at Volve Capital, Venture Partner at Aenu, and affiliated with several other funds. The focus has always been the same: founders with genuine technology depth, pre-seed to Series A, in sectors where AI and climate intersect.

The difference from most early-stage investors: I've built the things these founders are building. I know where they break. And I can tell the difference between a real AI product and a wrapper dressed up as one.


// auditing

Most AI claims in pitchdecks don't hold up. Not because founders lie — but because building real AI is genuinely hard. Proprietary models, owned training data, production-grade infrastructure, human oversight that actually functions — most teams aren't there yet, and most decks don't reflect that honestly. After 100+ real tech due diligences, the patterns became very familiar.

That's why we built TechTruth — a tool that does the first pass systematically. Founder background, AI depth, architecture reality check. Not to replace human judgment, but to make it faster and sharper. It's what I wish we'd had ten years ago.

01 // founder

Building in Climate or AI?

Early-stage, genuine technology depth, pre-seed to Series A.

02 // vc fund

Reviewing an AI company?

Systematic AI claim verification — founder background, AI depth, tech reality. One report.