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.

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.

Scottish technology firm Bioliberty has secured £2.2 million in funding to develop a unique soft robotic glove which can restore upper limb mobility in patients following a stroke. The funding round was led by Archangels, with participation from Eos Advisory, Old College Capital and Hanna Capital SEZC.

Vulse.co, whose groundbreaking AI technology is reducing content creation times from hours to seconds, has secured a pre-seed round of angel investment worth £150,000, to accelerate growth and implement revolutionary features.

Antiverse Ltd, a biotechnology company developing a computational antibody drug discovery platform, has closed a $3 million investment round that will enable further development of its AI-driven drug discovery platform.

Fact360 utilises leading-edge machine learning technology and artificial intelligence (AI) to detect anomalies in organisations. In particular, within the fraud, financial crime, investigative and compliance sectors. To support their efforts, a Henley Business Angels Member has contributed £500,000 worth of funding to Fact360.

Sourcerie, which is building a community-driven data platform and personalisation software for the beauty industry, closed a £1.8m pre-seed round last year co-led by Playfair Capital and Vorwerk Ventures. 

A number of notable angels with relevant operational experience participated, including Sandrine Deveaux, EVP Future Retail at Farfetch, Mandeep Singh, exited Co-Founder of Trouva, Renee Parker, Ex Head of Amazon Luxury Beauty, Vanessa Goddevrind, ex EMEA Head of Beauty for McKinsey, Jason Scott, ex Head of Google’s US Startup Ecosystem, and Joe Falter, Co-founder of Zapp and ex Jumia founding team member. 

Gigged.AI is set to scale its HR tech as companies address hiring freezes and staff retention.  The company has also secured its latest investment, a £1.6m seed round led by Par Equity alongside existing investor Techstart Ventures, Nile HQ, and a number of leading entrepreneurs. 

Blackford Analysis, one of the leading strategic imaging Artificial Intelligence (AI) platform and solutions provider, has announced its acquisition by Bayer, a global life science company.

FRANCE: Pathway – the female-led deeptech startup unlocking the power of real-time data  – has announced it has made its machine learning platform free and open to all developers worldwide.

A HR Tech company, which helps organisations design and structure jobs that improve diversity and skills-based hiring, has raised £1.75m in a funding round led by Mercia and including existing backer Qantx and private investors.  The funding will enable Exeter-based RoleMapper to further develop its AI-powered platform and continue to grow its client base in the UK and US.

Maven Capital Partners and YFM Equity Partners, have announced the completion of a £6.5m Series A investment for Biorelate. A group of angel investors from the Manchester Tech Trust also participated in the round.

Founded in 2014 and led by Daniel Jamieson, Biorelate curates dark biomedical knowledge to empower drug discovery with its proprietary AI platform, Galactic AI™. Galactic AI’s innovative technology uniquely combines natural language processing (NLP) and machine learning (ML) to capture highly valuable biomedical data that pharmaceutical and life sciences organisations can utilise to improve decision making in their drug discovery programs.