The financing round was backed by ACF Investors, o2h Ventures, Jonathan Milner, and R42 Group.
"This latest funding will enable us to build on and accelerate our successful computational design-led discovery focus. We are excited to be playing a pivotal role in the innovation of oncological treatments leading to better outcomes for cancer patients worldwide. Our groundbreaking new approach stands to be initially validated by the proof-of-concept studies. We are achieving rapid progress not only with our industry-leading drug discovery programme, but also our proprietary AI platform. This has led to increasing interest from third parties in our machine learning capabilities, so we are keen to capitalise on this demand and establish a commercial effort in this area"
The funding round was led by IW Capital to support expansion into international markets and further develop the LO:LIVE platform.
"The clear and defined strategy, the scale of the opportunity and energy and drive from the management of Location Live, made this a very simple decision to invest. Rarely do you see such a transparent opportunity for growth with, with evident market preparedness and matched ambition from the management."
Tiger Global led the Series A round to fund international expansion and product development.
"We are excited to partner with Tiger Global given their in-depth understanding of the global crypto, payments and banking landscape and with them having backed key crypto infrastructure companies, such as NEAR protocol and TRM, and payments companies Stripe and Revolut."
Hoxton Ventures led the Series A round to support international growth and product development.
"The pandemic has taught us that we cannot take air quality for granted, but airborne disease transmission is not the only reason to care about air quality"
The Series A round will fund expansion across the United States and Europe for the cultural preservation platform.
"We believe that collecting organisations should have access to cost-effective technology to help conserve our shared cultural legacy. COVID-19 has hastened a shift in an organization's expectations for cost-effective, remote-accessible solutions. We want to give an amazing experience for managing the data that drives preservation outcomes to all collecting organisations, regardless of size or location."
