Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout1 investments, has entered into an agreement to sell, alongside the founder, its stake in ASTI, a leading global autonomous mobile robotics (AMR) manufacturer, to ABB.

Situated in the London borough of Westminster, technology company Dragonfly AI has secured a £250,000 loan to expand its operations whilst creating employment opportunities for the region.

Kuano.ai, a software platform for rapid, cost effective quantum modelling of enzymes, has raised £1 million in seed funding from ACF Investors, o2h Ventures and a syndicate of Cambridge-based angel investors. The funding will accelerate the company’s growth as it moves further towards commercialisation.

Digital training platform Virti has raised $10m in a Series A to further its goal of improving human performance using world-class interactive technology. The round was led by deeptech investors IQ Capital and joined by Cedars-Sinai Medical Center and a new, UK-based learning technology VC fund.

Launched in 2018 by Dr Alexander Young - an NHS trauma and orthopaedic surgeon - Virti helps organisations optimise learning, training and performance using interactive simulations and AI-powered data analysis. The technology turns traditionally subjectively-assessed skills (such as communication, teamwork and decision-making under pressure) into objective and measurable data to improve performance.

Translated, an Italy and US-based company that pioneered the use of artificial intelligence to support professional translators, announces that the world-leading private investment house Ardian has invested $25 million via its Ardian Growth fund, leading a $30 million investment round.

Thymia has raised a £780k/$1.1m pre-seed round to scale its platform to assess for and monitor depression. The Thymia technology removes the subjectivity from mental health assessments: instead of answering questionnaires, patients play specially designed video games which use cutting-edge Neuropsychology, Linguistics and Machine Learning to detect signs of depression, as well as monitor whether symptoms are improving or worsening over time. 

Checksteps, the UK startup providing advanced Artificial Intelligence (AI) products for contextual content moderation to social media and enterprise platforms, has raised seed funding of $1.8m alongside the key hiring of Kyle Dent as Head of AI Ethics. The raise will advance its scale-to-market plans and enable further hires to enhance AI functionality - continuing its journey towards offering end-to-end content moderation processes. The round is led by Shutterstock’s Founder Jon Oringer, the former CBO of Uber Emil Michael and Microsoft’s former head of Corporate Strategy Charles Songhurst and is supported by VCs, Angel and private investors that share Checkstep’s vision of a safe, inclusive internet for all. 

Navenio, the UK company that has pioneered indoor location-based artificial intelligence to revolutionise workflows and can double the throughput of hospital teams, has been successful in securing funding in the latest round of the Artificial Intelligence in Health and Care Award.

Kavida.ai – a supply chain resiliency startup, founded in 2020, has secured £300,000 ($425,000) in pre seed capital from strategic investors. The company provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.

The Danish robotics upstart, WeldingDroid, is adding Thomas Visti to its ownership group. Thomas Visti, who is sometimes referred to as the Danish ‘King of Robotics’ as he has been a crucial component to the success of the Danish robotics industry, said WeldingDroid has incredible earning potential across many industries. The welding robot will do tank and pipe welding jobs six times as fast as conventional systems.

Dutch artificial intelligence company Sentinels has raised £4.9 million (€5.7 million) in a seed funding round, led by INKEF Capital, complemented by strategic angel investors and industry leaders – including several members of the early Adyen team. The startup has now raised a total of £7.3m (€8.4m) to date.  

Cognigy, a global leader in omnichannel Customer and Employee Service Automation with its Conversational AI platform Cognigy.AI, has raised $44 million in Series B funding led by global venture capital and private equity firm, Insight Partners. DN Capital, who led Cognigy’s Series A round 18 months ago also participated alongside, Global Brain, Nordic Makers, Inventures and Digital Innovation and Growth. As part of the round, Insight Partners’ Managing Director Teddie Wardi will join Cognigy’s Board of Directors.