Surface Ventures led the pre-seed round to support product development and team expansion.
"The assumption that bigger is always better needs to go. Specialized SLMs routinely outperform frontier models at role-specific tasks—with greater efficiency and reliability. We’re building the infrastructure and developer tooling to bring those benefits to the enterprise."
The pre-seed round was led by Outward VC and will support team expansion and international growth.
"Strategic procurement is one of the last frontiers for true automation because so much of it remains powered by intuition. Throughout my previous roles, I saw just how much instinct drives results, but also how much time is wasted and how much value is being left on the table because instinct alone can only go so far. Our goal at Monq isn’t to replace that judgment but to amplify it. By empowering procurement teams with strong, actionable, data-driven and intelligent insights, we’re giving enterprises the speed, clarity and confidence to negotiate at an entirely new scale while unlocking billions in hidden deal flow, value and efficiency before that value is lost to the company."
General Inception and Vertical Venture Partners back Planet Smart to support research and product trials.
"Every parent knows the guilt of throwing away nappies. The first thing we do to babies the moment they’re born is wrap them in plastic. I want to change that by creating smarter biomaterials that my daughter won’t have to clean up in thirty years’ time,"
The pre-seed round was led by TechStart Ventures and Ascension Ventures to fuel international expansion and product development.
"The support we have received through local programmes has been fundamental in our success; from being able to tap into expertise to first-class networking opportunities.farmdrive was started on my own family farm to make everyday life easier for cattle farmers. We’re incredibly proud to see it being loved and trusted by thousands of farmers across the UK and Ireland. This £1m investment lets us take our practical vision worldwide – giving farmers better data in their pocket and giving meat processors and retailers the transparency they need – from farm to shelf."