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21st June 2024 - 0 comments

Proofs raises $2.6 million to launch AI Agents

USA: Proofs, which uses AI agents to dramatically accelerate the proof-of-concept phase in software sales, has raised $2.6 million (€2.4 million) in pre-seed financing. The round was led by Earlybird Digital East Fund with support from Expeditions Fund, Step Function VenturesRTP Global, and a number of prominent angel investors.

7th June 2024 - 0 comments

AI startup raises €7.64 million to fund growth ambitions, a provider of a world-leading and award-winning AI engine for scientific text understanding, has raised €7.64m in its latest funding round. This investment will support the company's continued growth and innovation in the field of AI-assisted scientific research, and contribute to a dynamic European AI ecosystem. The round includes a number of angel investors who invested around 10% of the equity.

7th June 2024 - 0 comments

Development Bank of Wales leads £440k investment in Tendertec

The Development Bank of Wales has invested £250,000 in a £440,000 a funding round for Tendertec whose AI-powered technology is helping to keep the elderly healthy, independent and safe.  

31st May 2024 - 0 comments

Robin Hood Ventures participates in S2N Health's seed funding

USA: S2N Health, Inc. has successfully secured seed funding to fuel the growth of the company’s RepSignalTM medtech customer intelligence SaaS platform, and to develop a robust roadmap of AI-powered solutions for accelerating the market impact of healthcare technologies. The round was led by Excelerate Health Ventures, a premier digital health fund focused on healthcare software and technology-enabled services, with participation from other established healthcare and technology investors, including Boston Millennia Partners and Robin Hood Ventures. 

31st May 2024 - 0 comments

IAG Invests in XTRA alongside IVC Partners

The startup led by the Raiola brothers and supported by IAG and Italians in VC Partners is revolutionizing healthcare access with an AI platform for musculoskeletal services. 

17th May 2024 - 0 comments

Intelligent workforce management platform Sona raises $27.5m

Sona, the next-generation, intelligent workforce management platform for frontline enterprises founded by Steffen Wulff Petersen, Oli Johnson and Ben Dixon, has rasied a $27.5M Series A. Felicis led the financing with participation from Northzone, Google's AI-fund Gradient, SpeedInvest, Antler, BAG Ventures, and numerous notable angels participated in the round. Sona has raised $40M+ to date and will use this fresh round of capital to expand its go-to-market function and build more advanced AI capabilities on its platform. In 2023 alone, Sona experienced an explosive 400%+ revenue growth. To date, over 4.6 million shifts have been created on Sona.

3rd May 2024 - 0 comments

Symbe raises £1.2m to help sales teams win deals

Symbe, an AI-powered platform that helps sales teams win more deals by automating the creation of tailored business cases, has raised a £1.2m pre-seed round led by Concept Ventures and joined by Pact VC, Notion Capital, and a range of leading angels through Nodes Ventures. Angels include Resolv Labs Founder, Fedor Chmile, Founders Capital CEO, Richard Hadler, and a series of angels from Stripe.

3rd May 2024 - 0 comments

Club degli Investitori invests in Glaut

ITALY: Club degli Investitori has invested in Glaut’s $1.4 million pre-seed round. Glaut, founded by Matteo Cera and Giovanni Del Gallo in late 2023, aims to help the Marketing areas of large B2C companies make better business decisions through a new market research methodology: conversational surveys, using artificial intelligence to conduct in-depth market research at scale.

26th April 2024 - 0 comments

AI insurtech PeppercornAI secures £3.25million

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9m, included high net worth investors, existing investors EHE Capital and Angels Invest Wales. The round was heavily oversubscribed despite reports showing investment into UK fintech and insurtech was down 34% last year. 

19th April 2024 - 0 comments

Clean Growth Fund backs Oriole Networks' £10m seed round

Clean Growth Fund has invested in the £10m seed round of Oriole Networks, a new company that revolutionises the performance of AI systems and data centres. The investment was made alongside UCL Technology Fund, XTX Ventures and Dorilton Ventures, and with support from the Innovate UK Investor Partnership.

19th April 2024 - 0 comments

Onfido makes largest student-led company ROI for Oxford Uni

Onfido, an innovative start-up created by students at the University of Oxford which uses artificial intelligence to verify customer identities, has been sold to Entrust Corp, a global leader in trusted payments, identities and data security.

12th April 2024 - 0 comments

Development Bank invests in global healthcare AI tech

Bridgend-based AI technology firm Clinithink is helping to improve patient care, relieve workloads for stretched clinicians and deliver significant savings to the NHS with investment from the Development Bank of Wales.

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