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27th October 2023 - 0 comments

DN Capital and angels back €13m funding for AI startup Oxolo

GERMANY: Oxolo, a pioneering AI startup with its headquarters in Hamburg, Germany, has successfully raised €13 million to propel its mission of transforming the AI landscape in the realm of video.

13th October 2023 - 0 comments

Neurotech startup FC Labs secures £150k from Design Fund

Edinburgh based startup, FC Labs, has secured a £150,000 investment from British Design Fund, for its innovative AI-powered platform and brain imaging technology that can help reduce the risk of workplace accidents and fatalities caused by human error.

13th October 2023 - 0 comments

Retail tech startup Vector secures £600K funding

Vector, a UK startup at the heart of a rapidly growing retail media landscape, has launched this week, with over half a million pounds in investment from an independent group of investors.

22nd September 2023 - 0 comments

AI catering solution Retail Robotics Solutions secures €0.5m

PARIS: Retail Robotics Solutions (RRS), a pioneering French startup specializing in AI-driven self-service checkout solutions, has successfully raised €0.5 million in exchange for 6.25% of its shares. The new investor is Ariel Investments Corp (USA), known for its focus on investing in breakthrough technologies. This investment has placed RRS at a valuation of €8 million, marking a significant milestone for the company as it continues to redefine how restaurants and corporate canteens engage with their customers through cutting-edge AI technology.

15th September 2023 - 0 comments

Q-BOT secures £3.5m investment to drive expansion

With Q-Bot’s advanced insulation installed in over 200 homes every month and following a 60% increase in revenue over the past 12 months, Q-Bot has secured a new tranche of investment, totaling more than £3.5million. The new funding will support Q-Bot’s growth in its main market of the UK, in continental Europe and in the USA. In the UK alone, Q-Bot’s high performance retrofit insulation can help insulate the 8-12 million homes that have suspended floors and which are hard to treat using traditional forms of insulation. 

15th September 2023 - 0 comments

Kuano raises £1.8m to accelerate quantum drug discovery

Kuano, a Cambridge-based drug discovery company combining quantum mechanics with AI to design the next generation of medicines, has closed a £1.8m seed funding round led by Mercia Ventures and including ACF Investors, Ascension Ventures, o2h Ventures, Meltwind Advisory LLP and other angel investors.

11th August 2023 - 0 comments

Kavida.ai raises £900k seed capital to build innovative supply chain GPT

London-based supply chain startup, Kavida.ai, has secured a further £900k investment to enhance its platform with artificial intelligence tool ChatGPT.

28th July 2023 - 0 comments

QVentures invests in AI start-up Intanify

QVentures has invested in Intanify, an AI software platform to help companies identify, categorise and value intangible assets.

QVentures led the pre-seed funding round of £410k with participation from sophisticated angels from firms such as Goldman Sachs, Citadel and Dentons. In addition to this, Intanify has been awarded Innovate UK grants totalling £460k.

21st July 2023 - 0 comments

Thalia raises £2.1m

Thalia, a UK-based company whose software platform enables semiconductor businesses to develop new products using existing chip designs, has raised £2.1m to drive the next phase of its growth.

7th July 2023 - 0 comments

 Customer data platform Distil.ai raises £1.1 million

Distil.ai – a customer data platform that helps e-commerce businesses to understand customers’ behaviour and boost sales – has raised a further £1.1m in a funding round led by Mercia Ventures and supported by angel investors.

5th May 2023 - 0 comments

Trophi.ai raises $3.3 million

CANADA: St. John’s-based trophi.ai has raised a $3.3 million seed round led by Halifax venture capital fund Build Ventures and plans to use the money to hire 10 to 15 people, with a test version of its product boasting a 10,000-person waitlist.

28th April 2023 - 0 comments

AI powered technology company Centuro secures £3.3m

Centuro Global, the one-stop-shop for businesses looking to expand overseas, will expand its offering as a cost-effective alternative to larger consultancy firms following a successful fundraising round.

The fast-growing scale-up has landed £3.3million from Mercia, having landed contracts with some of the leading companies in the world, exceeded sales targets, and tripled headcount over a period of phenomenal acceleration.

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