Finance Yorkshire backed the Product Lifecycle Management software provider with growth fund capital.
"Our solution takes brands and SMEs from concept and product development through to production and beyond. It groups everything in one place and creates a single source of truth for the users’ product workflows and data, demonstrating transparency and sustainability. We’ve added to our team in Yorkshire – we like to hire from within the region where there is so much talent. We were ready to grow when we approached Finance Yorkshire – the investment will help us capture more customers and strengthen our marketing campaign."
The pre-seed round was led by Hivemind Capital with backing from Techstars, IronKey Capital, and several industry founders.
"For instance the OP Foundation could run testnets supporting Base, Ink, LayerZero, EigenLayer and Chainlink, leveraging Bloctopus infrastructure to advance the Superchain interoperability"
The funding will fuel platform development and leadership expansion.
"Cloud Gateway has always been about solving real-world problems with cutting-edge technology. I’m excited to dedicate my efforts to ensuring our platform continues to deliver transformative value to our customers."
The funding round includes participation from Calculus Capital and the North East Venture Fund.
"Notify has become the challenger brand in Safety Tech through our approach to service and innovation, delivered by a fantastic team. I’m delighted we’ve been able to raise additional capital from long term investors to support our latest innovations and to continue our growth trajectory. Thousands of organisations are recognising the value of looking after the health, safety and wellbeing of their workforce, and Notify is now perfectly placed to deliver software that drives employee engagement and productivity."
Oxford Economics backs the artificial intelligence data business in a deal valuing the firm at £19m.
"We’re revolutionising economic data by providing real-time insights into what companies do, without relying on outdated SIC/NAIC codes. With Oxford Economics on board, we’re set to expand our reach, particularly in North America, and strengthen our position as the go-to source for industry classification."