Nimble Ventures led the financing round with participation from Lockheed Martin's fund, Calculus Venture Capital, Entrepreneur First, and LM Ventures.
"Quoting is one of the biggest hidden bottlenecks in precision machining: move too slowly, and shops can lose the opportunity, or price inaccurately and they can lose margin once the job reaches production,"
Every round, investor and startup. £155B of it. In a spreadsheet.
CSV exports built for your own models: every round since 2020 with investors and leads, every fund at team-member level, every startup at founder level with Companies House accounts attached.
Oxford Innovation Finance and angel investors backed the spinout to fund sea trials and prepare for commercial deployment.
"This investment from Oxford Innovation Finance will assit us in validating our technology at full scale, demonstrating that predictable tidal energy can be generated cost-effectively in a much wider range of locations than previously possible, and move us closer to bringing reliable, renewable baseload power to market. Their experience in supporting ambitious deep technology businesses, together with the expertise of their angel investor community, will be invaluable as we continue to scale."
The pre-seed round was led by Episode 1 Ventures with participation from High-Tech Gründerfonds, Pi Labs, and sector angels.
"We built Veridue as the solution we wished we had when we were the ones carrying the risk on a decision. It is not simply a chatbot pointed at a data room,"