Pentech Ventures led the round with participation from Stanford Angels of the UK, Ascension Ventures and Charlie Songhurst.
"Our goal is to accelerate product development, from race cars to spaceships and everything in between. We believe that traditional engineering will soon change dramatically. Our dream is to work alongside engineers to enable them to bring exponential growth to product development. We are building the world’s first AI Platform for Engineers – we like to describe it as the J.A.R.V.I.S. in Iron Man."
LDC has backed Texthelp to support its software proposition and international expansion.
"Texthelp was founded on our vision of a world where difference, disability or language are no longer barriers. With LDC’s help we can further our commitment to helping unlock everyone’s full potential. This partnership gives us the added resources and expertise to bring our services to more organisations across the globe. LDC has a longstanding reputation of supporting technology firms and we look forward to working alongside their team during the next phase of our journey."
Startup Funding Club backed the Welsh cyber security startup through its early stage funds.
"Startup Funding Club are a great investor and partner for us. They have a clear understanding of the industrial markets, and will be able to provide much more value than the funding alone. We look forward to working with SFC."