The developing robotics sector presents an exciting opportunity for investors. 

Refract, a Newcastle-based company which uses artificial intelligence to help organisations improve the performance of their sales team has secured a significant investment from Mercia Fund Managers to further develop its product and its team.

Magpie Education, a firm that aims to inspire students in STEM subjects, through its engaging, cost-effective, AI driven resource tool, has secured seed investment from the British Robotics Seed Fund (BRSF).

Britbots, the organisation dedicated to promoting U.K.-based robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, today announces the launch of the second British Robotics Seed Fund.

The UCL Technology Fund has invested in Anon AI, the data anonymisation software developer, as part of a £340,000 pre-seed round in partnership with the London Co-Investment Fund (LCIF), AI Seed and Ascension Ventures.

HBAN (Halo Business Angel Network) announces its predictions for 2018.

EcoMachines Ventures (EMV) announces the launch of the EMV EIS Fund I. The Fund will be focused on investments into EIS-eligible companies disrupting the energy, industrial high-tech, resource efficiency and transport sectors, and is targeting a close of up to £10m by March 2018. EMV is acting as exclusive investment advisor to the Fund, bringing its established expertise and analytical framework within high-growth technology sectors.

Robocath, a medical robotics start-up that designs and develops innovative solutions for the treatment of cardiovascular diseases, today announces the conclusion of a new round of fundraising worth €4.7 million ($5.2M) led by M Capital and Normandie Participations.

ThoughtRiver, a developer of contract intelligence AI software, has raised more than $1m from a group of investors, including former Vodafone UK CEO Guy Laurence and Michael Findlay, chairman of Morgan Sindall and former co-head of investment banking for Bank of America Merrill Lynch.

FiveAI, a UK start-up applying artificial intelligence (AI) and machine learning (ML) to accelerate the arrival of fully autonomous vehicles, today announces that its ‘StreetWise’ consortium has been awarded £12.8M in grant support for its £23M project.