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20th February 2019

MMC backs AI-powered Growth Intelligence again with £1.7m

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. 

12th February 2019

ASTI Mobile Robotics partners with Keensight Capital

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.

7th February 2019

90% of PE firms believe AI will disrupt their sector by 2024

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.

25th January 2019

British AI Company Raises £1.7m to Empower Business Trade

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.

17th January 2019

Seldon secures £2.7m in Seed round led by Amadeus

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.

14th December 2018

Wandelbots raises €6m from Paua Ventures and EQT

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

11th December 2018

Investing in Computing Architecture – Part II

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

6th December 2018

Investing in Computing Architecture: viewpoint from Episode 1

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

3rd December 2018

Meet the second batch of startups from Europe's first AI accelerator

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. 

8th November 2018

Foresight Williams Technology EIS Fund invests £1.5m Inovo Robotics

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.

7th November 2018

Partech leads $1.6 million seed round for AI analytics firm, 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.

26th October 2018

Klydo Raises £1m To Codify Innovation

Klydo, the innovation research assistant that uses advanced machine learning technology to help consumer brands accelerate their product innovation, has announced a £1m funding round, led by Episode 1. Paul McNabb, Managing Partner of Episode 1, commented, "this was one of those where everything came together. A strong technical founding team, truly innovative technology and a clear customer use case."  The round, which also included investment from retail and consumer sector specialist True and prominent angel investor William Tunstall-Pedoe (Founder of AI assistant "Evi", acquired by Amazon to create Alexa), will be used to expand the core team and accelerate Klydo's reach in the consumer brand space.

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