The maiden funding round was led by Cornerstone VC and Ascension to support team expansion and platform development.
"ComplyStream is addressing a critical pain point for financial institutions. Their approach to unifying compliance tools and applying AI-driven insights, solves a problem I saw first hand as COO of OakNorth Bank and is precisely what the industry needs to stay ahead in today’s regulatory landscape."
The pre-seed round was led by Fuel Ventures with backing from NatWest Group and Oxford Seed Fund.
"At NatWest, we’re committed to anticipating and responding to customers’ changing needs. Platforms like Serene demonstrate how AI can enhance customer outcomes effectively and responsibly."
— David Grunwald, Director of Innovation and Partnerships
Northern Gritstone led the seed round with backing from Finance Yorkshire and NPIF II, Praetura Equity Finance to fund team expansion and product development.
"The robotics market is growing fast, but that growth would be exponentially higher if the tremendous cost and complexity of programming robots were reduced. Robotics has an almost unlimited potential to help humanity solve global challenges, but the world simply can’t afford to wait for robotics to standardise around a single operating system and coding language. BOW’s universal software platform and SDK elegantly solve this intractable problem by enabling any software developer to program various types of robots using the coding language of their choice, make portable applications and enable easy interoperability between any make and model of robot. This £4 million seed investment, led by Northern Gritstone, will be used to build on our strong commercial traction to date, expand our brilliant team and accelerate our product development so we can unleash the full potential of robotics for the betterment of our world."
One Peak led the first institutional funding round for the cloud accounting platform.
"This investment marks a pivotal milestone in iplicit’s remarkable journey. Since our launch in 2019, we’ve achieved triple-digit revenue growth annually for six consecutive years. This new funding will enable us to sustain our momentum, continue delivering an exceptional experience for our customers, and solidify our position as the leading cloud accounting solution for the UK mid-market."