The Series A round was led by Exor Ventures with backing from various angel investors to support product development and international growth.
"We’ve dedicated ourselves to building products that white-collar professionals deeply value for corporate structuring. Up next, we’re going to double down on generative AI and collaboration features. We also plan to expand our multi-product line focused on visualising complex transactions into an end-to-end platform to manage corporate structures and governance."
The investment round was led by existing backers including Sony Innovation Fund.
"We have built a great relationship with our investors, who fully back our mission of using technology to make insurance fairer, and doing so in a sustainable way."
Wealth Club, EHE Capital and Angels Invest Wales backed the oversubscribed raise to support product development and international demand.
"The insurance industry has barely changed since insurance started being sold online thirty years ago. Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies and can also deliver significant benefits to providers at the same time."
The seed round was led by Pi Labs with backing from Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler, and angel investors.
"Our mission is to help waste management companies sort their waste more effectively and maximise recovery of recyclable materials through aiding Materials Recovery Facilities (MRFs) and Plastic Recovery Facilities (PRFs) in improving their workforce efficiency. We use AI to augment and better enable human pickers, and our UK pilots show increased revenue and performance as well as reduced costs through using Sorted’s technology."
The funding extension comes alongside the appointment of new chief executive officer Kate Henningsen.
"Infogrid’s growth to date coincides with a transformative moment for the built world. The company’s technology future-proofs any building and delivers a solution not otherwise available in the market. I’ve made decarbonising the world the goal of my professional life and I’m thrilled to be joining Infogrid at this critical moment to help real estate organisations reduce their carbon footprint. As an industry, the built world now has a technology that can make an impact at scale, rather than addressing isolated issues. Climate is the problem of our generation to solve and by pursuing this opportunity, Infogrid has the potential to become a category-defining company."
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