The seed round was co-led by Pace Ventures and Nine Realms to support product enhancement and team expansion.
"Decarbonising supply chains is not a new challenge, but one of the largest hurdles for businesses has been accessing and analysing comprehensive data, as a direct result of supply chain complexities and the nature in which this data has been collected up until now. We saw that by using our unique approach to collect, normalise and blend supply chain data, we could improve its interoperability and use it to provide actionable insights on transportation emissions down to the level of individual trips and packages."
The Birmingham-based risk management company raised the capital to advance its AI platform and expand its team.
"I am pleased to see a unique West Midlands-based business that is focused on an industry of the future secure this investment. This is the sort of venture the West Midlands Co-Investment Fund was set up for. Large retailers are under pressure to improve their corporate social responsibility. Bendi has created a useful tool to detect malpractices and help companies deliver sustainable practices, improve community cohesion, and minimise carbon footprints."
— Richard Parker, Mayor of the West Midlands, and chair of the WMCA
The funding round was led by Uphonest with participation from Lakestar and Focal.
"Our breakthrough in codifying human reasoning is allowing us to train AI models to operate far beyond the narrow range of tasks and tightly restricted prompts currently available to teams developing software."
The London-based University College London spin-out secured backing from Autotech Ventures, UCL Technology Fund, and BGF to fund its commercial market entry.
"In many applications, we are observing that efforts to rapidly electrify are delayed or blocked due to the cost of raising the ceiling of battery performance,"
The London startup secured £4m from investors including LocalGlobe and Dig Ventures to expand its team and refine its technology.
"Userled brings the power of generative AI to reshape a complex and mission-critical workflow for marketing teams. By accelerating the creation and distribution of personalised content and capturing contact-level insights without cookies, Userled provides a seamless solution to drive efficient growth – a key priority for any B2B company, especially these days."
