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.

The London Technology Club has invested in Cogniac, a leading provider of enterprise-class Artificial Intelligence (AI) image and video analysis across a variety of industries, including automotive, railway, manufacturing and government.

Climate Solutions Exchange Ltd. has received an initial £500,000 investment from Maughan Capital, a strategic investment fund which manages the investment portfolio of the British businessman, ESG investor and philanthropist, Nick Maughan. Maughan Capital is focused on emerging technologies and market-based solutions for ecosystem service payments through habitat restoration. CSX uses a combination of drones, satellites, ground truthing and detailed carbon analysis and modelling to measure carbon. 

Traced, a SaaS company that delivers cybersecurity powered by artificial intelligence for mobile devices to protect businesses from data breaches, has received investment from several Henley Business Angels members and guests, contributing to a total funding round of £400,000.

Distil.ai, a UK company whose software platform helps businesses to understand their customers’ behaviour and identify buying signals has raised £400,000 investment from Mercia.

The first automated RPA management platform, RPA Supervisor has raised $5m in a Seed round led by MMC Ventures. It also welcomes its newest board member and investor Pascal Baker, formerly founder of Symphony Ventures and pioneer in the Intelligent Automation Market. The investment will boost the startup’s innovation capabilities, feeding into Research & Development and expansion across EMEA and the US. 

techspert.io, the AI technology innovator connecting businesses with experts for domain-specific industry insights, has closed a $12 million investment round led by BGF, the UK and Ireland’s most active growth capital investor and existing investors Nauta Capital, a Pan-European Venture Capital firm.