Senseon, the next generation AI platform for cyber defence, has announced the completion of a seed funding round of $6.4m. Leading the investment is research-led venture capital fund MMC Ventures, alongside Mark Weatherford, former Deputy Under Secretary for Cybersecurity, U.S. Department of Homeland Security. Additional investors include Amadeus Capital Partners, Crane Venture Partners and CyLon.  The funding will allow Senseon to continue its rapid expansion in the UK and increase its presence in EMEA and the US.

MMC-backed Growth Intelligence has raised £1.7m funding, led by 24Haymarket, to help marketers and sales leaders drive faster growth with AI.

Founded in 2013, Growth Intelligence helps high profile brands, including American Express, FedEx, Western Union, iZettle and Vitality Health, target their direct marketing activity to businesses that are most likely to buy. 

ASTI Mobile Robotics is partnering with Keensight Capital, one of the leading players in Growth Buyout, to support the growth of the company. Through this agreement, Keensight Capital, as its strategic and financial partner, has entered in the company with a relevant minority stake.

Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, interviewed private equity professionals across Europe, North America, the Middle East and Asia to identify the value-add delivered by new technologies now and in the future.

Growth Intelligence has announced the successful close of a £1.7m investment round. The company received multiple offers with the round being led by 24Haymarket. Existing investors including MMC Ventures also participated.

Seldon, the machine learning deployment specialist, today announced a £2.7m funding round led by Amadeus Capital Partners alongside Global Brain Corporation, Techstars and other existing investors.

Seldon is a pioneering global technology business focused on the fast-growing machine intelligence market. Its open-source machine learning deployment platform makes it easier and quicker to manage, serve and optimise machine learning models at scale. The platform is built on cloud-native technologies such as Kubernetes.

Since its inception in 2014, Seldon has built a global community of loyal users who leverage their diverse industry backgrounds to provide validation and feedback. Seldon’s initial product offering, Seldon Core, had over 170,000 installs in 2018 and recorded 38% month-on-month growth in H2 2018. In 2019, it will release new enterprise-scale software, Seldon Deploy, which enables data science specialists to move into production more easily with compliance, offering audit trails and approvals, advanced experiments, and model explanations.

Wandelbots, the company that is democratising robotics with demonstration-based teaching, has secured a €6 million Series A funding round from Paua Ventures, the EQT Ventures fund and existing investors. The funding will be used to grow Wandelbot’s team and expand the company’s global presence. One year after launch, Wandelbots is already working globally with automotive and electronics manufacturers, such as Volkswagen, Infineon and Midea

Eva Rez from Episode 1 gives her explores Investing in Computing Architecture in the second part of this series.

Episode 1's Eva Rez gives her insight into the opportunities and challenges around investing in Computing Architecture.

Rockstart has selected the startups for its 2nd AI accelerator program located in Den Bosch, the Netherlands. Talented women and men from seven different countries will spend the next 180 days building and refining their products, talking to mentors, and connecting to potential investors and customers. 

Foresight Group announces the £1.5m growth capital investment into Inovo Robotics Limited on behalf of the Foresight Williams Technology EIS Fund.

Inovo is developing a low-cost collaborative robot (“cobot”) that can integrate into existing workforce processes. Inovo’s modular design means the cobot can be easily adapted to varying customer requirements.

Henry Wood and Jonathan Cheung, previously senior engineers at Northrop Grumman, founded Inovo in 2016. Both founders possess deep technical expertise and experience of delivering complex engineering development projects and, between them, they have more than 30 years of combined experience in robotics and engineering.

Aiden.ai, a London based AI analytics startup, announced today that it has raised a $1.6 million seed round to fuel the company’s rapid growth and the development of the first AI powered marketing analyst.

The round has been led by Partech. Other notable investors include Sophia Bendz, who previously led marketing at Spotify for 7 years and Nicolas Pinto, founder of Perceptio which was eventually acquired by Apple.