"The success of any surgery depends not only on what happens inside the operating theatre but also on having a smooth-running operation behind the scenes. At Scalpel AI, we work with leading medical device companies and healthcare organisations to transform their logistical supply chain and reduce costs by millions of dollars. Together, we are making surgery safer for patients while paving the way for personalised surgery, which we believe is the future of healthcare."
The oversubscribed round was anchored by IP Group, Parkwalk Advisors, and AlbionVC.
"There is a massive market opportunity for start-ups that figure out how to harness the potential of AI to transform how software gets built, tested, and deployed. Our investment in the company reflects our belief in its potential to be an important player in the next generation of AI-powered software development tools."
Northstar Ventures led the pre-seed round to support software development and regional team expansion.
"FAT32 is delighted to be the first investment from the Venture Sunderland Fund. We are truly passionate about levelling up the North East by creating skilled digital jobs in the region and are thrilled to be working with Northstar Ventures to do just that."
Peak XV led the seed extension, which brings the company total seed financing to $8m.
"Auquan’s remarkable growth and customer traction validates our belief that they’re uniquely positioned to solve a critical challenge in finance: freeing highly skilled teams from the grind of wading through noisy data, performing undifferentiated work to support high-impact decisions.Their RAG-based AI agent architecture is truly transformative, allowing professionals to focus on strategic, meaningful work while enabling firms to gain a competitive edge. We’re thrilled to support Auquan as they revolutionize deep work productivity and decision-making in finance."