The funding round was jointly backed by NPIF and Finance Yorkshire with £500k each.
"Healthcare services worldwide rely on rapid and accurate laboratory testing. However, training staff is costly, and machine downtime is commonplace, often due to operator error or simple faults that could easily be fixed with the right support. We believe our platform will dramatically improve productivity by enhancing staff skills and keeping equipment up and running, while also reducing warranty costs for manufacturers."
General Atlantic has acquired a minority stake in the Internet of Things provider via its climate growth equity fund, with Montagu remaining the majority shareholder.
"Wireless Logic, Montagu and General Atlantic share a collective ambition to reinforce Wireless Logic’s market leadership and mission to simplify and automate IoT connectivity and management for customers globally, as well as create value for investors and establish a great place to work. I look forward to the next phase of our growth journey."
Fuel Ventures led the investment round, which will fund platform development and international expansion.
"We’re backing Community Wolf because they’re building something truly game-changing; a public safety network that puts the power in the hands of the people, using tools we already know and trust. The platform’s impact in South Africa has already proven just how vital this service is. We’re excited to support the team as they scale their technology and make communities around the world safer."
The London-based artificial intelligence note-taking startup secured backing from Nat Friedman and Daniel Gross.
"Since our launch a year ago, people have started referring to Granola as their ‘second brain’. With Granola 2.0, we’re bringing that power to your entire team, tapping into the most up-to-date, relevant data on what’s happening in your company, the conversations your employees are having day in, day out"
The seed round was led by Fuel Ventures with backing from property and environmental law angel investors.
"In my opinion, the foundations of Environmental searches haven’t changed in 20 years—and they’re often ambiguous, ,, and risk-prone. Martello is bringing much-needed clarity to an increasingly critical part of the conveyancing process. With this funding, we’re building a platform that helps everyone involved in a property transaction make faster, more informed decisions."
