The financing round was led by CapHorn with participation from Chevron Technology Ventures and Suffolk Technologies to support international growth and product development.
"The UK has led the way in AI for construction since our inception in 2017. I'm proud to continue that leadership. We've been quietly building a new standard for capital delivery with customers all over the world. This funding allows us to scale that transformation – proving that a UK company can lead globally in one of the most important applications of AI."
Maven Capital Partners led the £1.6m investment to fund recruitment across research and development, sales, and marketing.
"eviFile has a highly scalable, proven operating model driven by a strong management team with a clear vision. With the significant uptick in digitalisation in the sector, the business is well positioned for continued growth within several verticals. We’re delighted to support Nick and the team as they execute their ambitious plans."
The investment comes from seven members of Henley Business Angels alongside the Southern Angel Investors Club.
"We’re excited to partner with HBA and SAIC as we expand Tradeaze nationwide, using technology to deliver unprecedented efficiency and convenience to tradespeople. In addition, we’ll be creating thousands of driving jobs while helping merchants and contractors save significant capital by eliminating the need to own underutilised vehicles."
The initial tranche was led by EMV Capital Partners as part of an equity fundraising programme targeting up to £1m.
"We are pleased to see this important first closing of Q-Bot’s fundraising programme, and to have increased our interest in this exciting business through our capital efficient convertible loans. After a challenging period, we believe Q-Bot is now well-positioned to move towards profitability with a strong team, a robust partner network and pipeline, a well-evolved product offering with a proven application, and a refreshed, lean operating model."
The funding round was led by Planet A with participation from several institutional investors and angels.
"AUAR is building a global, automated construction ecosystem for sustainable, affordable, and beautiful homes at scale, designed to plug into the way builders already work. By enabling the industry to build together, powered by robotics and artificial intelligence, we’re not just offering a new tool – we’re unlocking new possibilities for how homebuilders can grow, innovate, and deliver at scale."
