Maven Capital Partners led the seed round to help the manufacturer expand its capacity and meet increasing market demand.
"AMufacture provides a differentiated, service-led proposition in an expanding market and the demand from new and existing customers sets out a clear pathway to growth. Capital constraints are often at the heart of ambitious companies not fulfilling their potential, but we are confident that our investment to help the business increase its scope and capabilities, alongside the strong management team with extensive sector experience, will help AMufacture achieve significant revenue scale."
The financing round featured participation from Kraken Ventures, Fabric Ventures, and Arca.
"This investment underscores the confidence our investors have in Fiat Republic’s vision and the future trajectory of the company in the financial space. With our newly acquired Dutch EMI licence, Fiat Republic will now operate across the entire European Union, providing e-money and payment services. Passporting from the reputable and credible jurisdiction of the Netherlands not only boosts our legitimacy in the traditional finance world but also highlights our commitment to high compliance standards, security, and close collaboration with regulators. This move, to me, also signals that the Netherlands is open for business ahead of the upcoming MiCA regulation."
The Sheffield-based industrial sensor firm raised £1.5m in follow-on funding to accelerate product development and create technical jobs.
"Industry is facing a host of challenges such as the need to be energy efficient, sustainable and ESG compliant, reduce costs and enhance quality. Our integrated sensing solutions provide the data required to help companies to meet these challenges and achieve digital transformation. The funding will help us to drive further growth and bring our solutions to a wider global audience."
The seed round was led by Accel with participation from several prominent institutional funds and angel investors.
"The vast majority of marketers’ time is spent on work other than copy generation, so we see significant potential in augmenting and automating these tasks. To do this, we’ve combined the latest AI technologies (retrieval augmented generation, autonomous agents and multi-modal models) to chain together workflows that capture more of marketers’ repetitive activities, giving them time back to focus on higher impact tasks. We’re excited to continue on this mission with this new investment round and having the Accel team join us on this journey."
Valar Ventures led the seed financing alongside participants BNY Mellon, Third Prime and Gaingels to support product development.
"We’re proud to support AbbeyCross in their seed funding round. Their mission to improve execution quality and transparency for Emerging Markets is aligned to our desire to continue improving the FX market for our clients. It reflects our commitment to emerging technology partnerships that accelerate market structure enhancements and enable us to better serve our clients. We look forward to working with the AbbeyCross team and other market participants to unlock this potential."
— Jason Vitale, Global Head of Foreign Exchange, Fixed Income, Equities & Capital Markets