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.

Extend Robotics, a business that has developed an immersive software interface which allows the use of consumer virtual-reality headset to interact with a robot across the internet in real-time, has received investment from several Henley Business Angels members and guests, contributing towards a funding round of £345k.

The Development Bank of Wales was among a number of global backers which supported international fintech startup AGAM in a recently-closed funding round.

Faradai, a London-based net zero intelligence company, raised $2.4M Pre-Series A to expand its carbon & energy analytics solutions globally and to develop further their Net Zero software offering with AI & IoT-Powered tools.

Apheris, the platform for creating collaborative data ecosystems, has raised €8.7m to further develop its unique technology and build on its growing list of customers and partners, including BASF, Boston Consulting Group, BMW Group and JLABS, Johnson & Johnson’s innovation division. The platform enables organizations to extract value from each other’s decentralized data sets in a way that helps them overcome regulatory, technical, and commercial challenges because the data never moves from the owner’s secure environment. 

Award winning, early stage Healthtech company, BlueSkeye AI Ltd, has secured £3.4m in funding to pursue its mission to improve people’s quality of life through the use of its proprietary face and voice analysis technology. The round was led by XTX Ventures, which invested alongside Foresight Group (through The Midlands Engine Investment Fund), Praetura Ventures (through Praetura’s GMC Life Sciences Fund), the University of Nottingham and a consortium of high-net-worth individuals.

Oxford Medical Simulation (OMS), a provider of highly realistic virtual reality healthcare training, has raised a further £2.1 million in a funding round that included ACF Investors and angel investor Dr Nicolaus Henke, former chairman of Quantum Black and former head of McKinsey’s global healthcare practice.

Lawhive, the AI and data-driven Legaltech platform, has successfully raised $2M in seed funding to increase transparency and democratise access to legal services for consumers and small businesses in the UK. The round was led by Episode 1 Ventures and includes additional support from Tiny VC and 25 angel investors, including Aron Gelbard (Bloom & Wild Founder), Jonathan Petrides (Allplants Founder) and senior executives from Monzo, Spotify, Meta and N26.  

Mindset AI - which helps businesses within the knowledge economy to digitise their services and scale their expertise - has raised £1.65m from Mercia and angel investors. 

Spotting the next ‘big thing’ in the UK’s $1.6 trillion commercial property market is no mean feat. Rising to the challenge, BuiltAI, the AI platform for the commercial real estate market, has closed a £2m seed round for its ground-breaking geospatial analytics platform. The deeptech company is developing AI inference technology that delivers radical transparency to the commercial real estate market in order to inform better, quicker investment decisions by players in the market.