The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.
"The Fundamental AI Research (FAIR) team is looking forward to collaborating with CuspAI in their use of AI, including our OpenDAC work, to accelerate the discovery of novel DAC sorbent materials. The world needs fast progress on affordable carbon capture, and we believe that CuspAI’s team is in an excellent position to apply AI-based materials discovery to this pressing problem."
Parkwalk Advisors led the round with a £3.5m investment to fund new pediatric capabilities for the Censeo platform.
"Psyomics’ technology can help transform how we approach the assessment of mental health conditions not only in the UK but globally. Psyomics has an exciting pipeline of new technologies and services that will see it pioneer a more efficient approach to mental health diagnosis. It is an exceptional example of the contribution that the UK’s universities are making throughout healthcare, and we are delighted to help Psyomics scale and reach more people."
The oversubscribed round was co-led by Mercuri and Sure Valley Ventures to expand the engineering and enterprise sales teams.
"Ittybit was created to address the pain we felt handling large videos in our previous companies. We built the media tools we wished we’d had access to, and are making them available to all developers, because robust media workflows shouldn’t be so expensive or complicated that only the largest tech companies can access them."
