28th July 2021
Legal technology start-up Robin AI has raised $2.5m seed funding from Episode 1 and a number of leading angel investors including Paul Massara, Al Giles and Oliver Burgel. They are also one of just 30 companies to be selected to receive a portion of the $2m Google Black Founders Fund, a programme set up to support the chosen companies as they work to change the face of start-up culture that currently sees just 0.5% of start-ups with Black founders receive institutional investment.
27th July 2021
A start-up with a platform that trains robots to recognise images has completed a £2.3m funding round to help it build its team in Yorkshire and expand sales of its product worldwide.
26th July 2021
The AI Accelerator is back! Applications are open until 8th of August so there’s still time to apply. Based at the University of Edinburgh’s world-leading innovation hub - the Bayes Centre - the Accelerator gives data driven scaleups the opportunity to harness the power of AI and bring about transformative change. To reach a wider UK scaleup community, we are delivering the Accelerator in partnership with London-based community Scale Space and welcoming Nile’s strategic design support.
22nd July 2021
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.
19th July 2021
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.
9th July 2021
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.
2nd July 2021
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.
1st July 2021
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.
1st July 2021
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.
29th June 2021
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.
24th June 2021
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.
9th June 2021
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.