The biotechnology spin-out raised funds from backers including the Angel CoFund and o2h Ventures alongside Department of Health and Social Care grants.
"This latest funding further validates our computational design-led focus that has enabled rapid progress in building our pipeline of novel antibiotic programmes."
The funding will support growth across the UK and expansion into Germany and wider European markets.
"We’re thrilled to be working with a partner like M-Venture as their investment will help us to super charge our growth in the late night sector and ensure more people across Europe won’t get caught out when their phone battery is low."
The funding round was backed by a consortium of global financial heavyweights to expand the reach of its merchant services technology.
"Retail banks around the world are facing common issues, but they remain the only ones in the payment chain who can connect directly with both merchants and consumers. They are therefore best placed to help SME’s process transactions, support their balance sheets, and grow their businesses, creating a virtuous circle between the bank, merchants, and consumers. As we know consumers increasingly expect a more personalised service from the businesses they interact with, regardless of their size, so at its heart Pollinate is about relationships and growth through connection – our platform enables relationships to be strengthened through fantastic digital experiences, and real-time data processing analytics and integrations."
The investment round was led by AlbionVC with backing from IQ Capital.
"We’ve invested heavily into our product and machine learning capabilities to provide our customers with what we believe is the best speech recognition technology on the market. We recognise that businesses are increasingly aware of the importance of unlocking their voice data and utilising it for core business functions such as compliance, analytics, training and improving customer experience. This latest investment opens up not only global expansion but the opportunity for new product development and traction in new markets."
YFM Equity Partners led the Series A round to support team expansion and international growth for the software provider.
"SharpCloud are solving a key business problem that large organisations have contended with for many years – ‘how best to use the large quantities of data to inform complex decision making and to shape business strategy?’, removing the need to inform decisions using static slide deck presentations built upon hotchpotch datasets."