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. 

WiseWorks AI, the communications intelligence platform, has secured a $1.2m investment to build a one-stop solution for financial institutions to analyse surging virtual communications for compliance and to automate everyday tasks.

Sonrai Analytics, an emerging global innovator in AI Cloud Data Analytics, has announced a ‘seed plus’ funding round of £2.175 million to accelerate the global adoption of its technology. The investment will help Sonrai reach more companies globally to translate precision medicine’s complex multi-omics data into real insights leading to better-personalised treatments for patients.

BeamUP, Ltd, the AI platform that designs and manages enterprise building systems, has launched with a $15M round of seed investment led by Israel-based StageOne Ventures and US-based Ibex Investors, as well as prominent angels including Chano Fernandez, CEO of Workday.

Fox Robotics, an agritech company specialising in the development, manufacture and sale of autonomous robots in agriculture, has received investment from multiple members of Henley Business Angels, contributing to a total funding round of £145,000.

Brainomix, the AI-powered medtech solutions company, has closed a series B financing round, raising £16M ($21.2M) to fund its expansion into new markets and new therapeutic indications, including lung fibrosis and cancer. This investment will build on the proven success of the company’s tech platform in stroke and enable value-generating pharmaceutical partnerships to improve clinical trial success, foster broader adoption of existing therapies in the new indications, and improve patient outcomes.

Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), has successfully raised a Series A financing round. The investment was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany, a global fertility leader), with participation from Whitecap Venture Partners.

Autentica, a disruptive tech start-up has raised over £150,000 of investment – and is set to make 20 key hires by the end of 2022 – in a bid to become the ‘Amazon of the global additive manufacturing sector’ and transform the archaic spare parts industry.

The company  has developed the first blockchain-powered, AI-based digital supply chain for spare parts and – with private investors matching a £76,000 Innovate UK grant – is set to move from proof-of-concept to full launch by March 2022.

FYLD, the London-based, AI-driven digital platform designed to revolutionise the safety and efficiency of field teams, has announced the successful completion of its £10 million Series A funding round.

The funding was provided by Koru, the Ontario Teachers’ Pension Plan’s venture incubator, and corporate partner SGN, a leading UK gas distribution network operator. To date, FYLD has raised a total of £14.4 million.

Mimica, a software company building AI that learns to automate repetitive computer tasks, has raised $6 million Series A funding from Khosla Ventures. This new investment adds to the seed investment from Entrepreneur First and Episode 1 and will help to further the company’s growth by establishing a sales team in the US and multiplying its investment in R&D.

After an impressive pitch to the Anglia Capital Group Angels, Fox Robotics successfully received investment to help them fill their round of £750,000 alongside other investors. This is ACG’s 8th investment into local businesses so far in 2021, with several awaiting round closure, cementing their commitment to growing opportunities for companies within East Anglia.