The Series A round was led by Atomico with participation from Index Ventures, Norrsken VC and Daphni.
"Invention is how we solve humanity’s biggest challenges, yet the systems that protect those ideas are decades out of date. AI will redefine how global organisations innovate over the next five years, turning IP from a cost centre into a growth driver. The companies that adopt Ankar now will shape the future of innovation."
The seed round was led by Eka Ventures to support technology development and platform expansion.
"If you’ve ever bought a house in the UK, you’ll know exactly how painful the conveyancing process can be. Something that should take a matter of days can drag on for months, leaving you unsure when – or even if – you’ll get the keys to your new home. These delays are completely avoidable. We built Conveyd to remove unnecessary back-and-forth, so home buyers get complete purchases in weeks rather than months – in a way that doesn’t make them want to tear their own hair out."
The legal technology startup secured £5m in seed funding to accelerate product development and establish its headquarters in Newcastle.
"This investment gives us the momentum we need as we move towards launch. Our priority is to build a platform that meets the expectations of legal professionals who work with complex UK-specific legislation every day. They want tools that are reliable, trustworthy and ready for real-case use."
The funding round was led by Mercia Ventures to support the company expansion and product development.
"Law firms are evolving, and technology must evolve with them. Tessaract is built to remove the operational burden — enabling legal teams to work seamlessly across data, finance, and client delivery. With Mercia Ventures’ backing, we’re scaling that capability to more firms across the UK."
The LegalTech Fund backed the side letter management platform to support product development and international growth.
"As a firm, Proskauer has been deeply involved with ProVision since we first became aware of its transformative capabilities, especially for side letter management. Having helped the team develop its current product offering and now working closely with the firm to help build some game-changing future features we are thrilled ILS has secured this important investment, which will help revolutionize our product offering to clients."