Grid Edge, a UK company whose AI-powered software helps reduce carbon emissions and energy costs in commercial buildings has raised over £2.8m from the Midlands Engine Investment Fund II and Mercia Ventures, Centrica, bp Ventures and private investors.

A technology spin-out of the Alacrity Foundation has closed a significant six-figure equity investment pre-seed round led by SFC Capital, the Development Bank of Wales and a syndicate of business angels.

Dealstack has closed a $5.5 million seed funding round, 

nettle, an AI-powered risk assessment platform, has raised £1.45M in pre-seed funding led by Project A, alongside top angel investors from major insurers, startups, and insurance & AI leaders. With this funding, nettle is scaling out the core engineering team and bolstering a platform already cutting risk engineering turnaround times for early partners.

UK-based startup Matoha, manufacturers of AI-powered material identification scanners, have completed a first phase of Seed funding which will enable them to solve the problem of textiles sorting for recycling. The round was led by Archipelago Ventures and the Circular Plastics Accelerator with additional investment from Conduit Connect, British Design Fund, Fashion for Good and others.

AI-native AML compliance platform Flagright has closed a £3.3m seed round to further develop Flagright solutions and fund international expansion. The raise was led by Frontline Ventures, with contributions from a series of notable angel investors.

AI-powered financial crime can take many shapes. In one particular case, an employee at a Hong Kong-based institution was tricked into sending a fraudster some £20m, after a video call with what seemed to be their colleagues and CFO. Some experts estimate that today, around half of all bank scams involve AI in one shape or another. One report suggests that in 2023, deepfake instances in fintech increased by 700%.

MarTech startup POCKLA has raised £1.6 million to scale its proprietary AI-powered content strategy and creation platform in a seed funding round led by Venrex. Other high-profile investors and advisors joining the round include The Sidemen's VC arm Upside Ventures, Love Ventures, Shuttle, and Syndicate Room, plus a wealth of industry heavyweights including Rich Waterworth, formerly at TikTok, Dan Cobley, previously Head of Google UK/Ireland, and Michael Chock and Ryan Quinn, formerly at MiQ.

Oxford Innovation Finance's EIS Growth Fund and OION Angel Network have invested £350,000 in Study Hall, an agentic learning platform that provides personalised learning agents for reading, writing and exam preparation.

YAi, a platform helping marketing agencies and brands create, evaluate, and improve AI-generated content at scale, has raised £250,000 in Seed Enterprise Investment Scheme (SEIS) funding from Jenson Ventures. 

CapRelease, the UK's first logistics-embedded finance platform, has secured £1.7 million in pre-seed funding to redefine how eCommerce retailers access capital. The round was led by a global FinTech-focused family office with significant holdings in leading UK neobanks, alongside a group of experienced angel investors.

Noxus, a startup helping enterprises build their own AI workforces to unlock business-changing productivity, innovation and growth, has raised $1.5m in pre-Seed funding. Led by SFC Capital, with participation from Antler, Bynd VC, Caixa Capital, AltaIR Capital, I2BF Global Ventures, Yellow Rocks, and Smart Partnership Capital plus prominent business angels from the European ecosystem. The funding will help further develop and scale Noxus' platform and expand operations.

Notify Technology, a UK-based Safety Tech company whose clients include McDonalds, Siemens and the NHS has raised a further £1.5m from Calculus Capital, the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures, and private investors.