The seed round was co-led by Cambridge Innovation Capital and Oxford Science Enterprises to accelerate the development of photonic artificial intelligence processors.
"Salience Labs brings together deep domain expertise in photonics, electronics and CMOS manufacture."
Ahren and Speedinvest co-led the seed round to help the data collaboration platform expand its engineering and design teams.
"Where traditionally the legal process behind sharing raw data between parties can take months or even years, Bitfount’s secure network instead allows algorithms to travel to datasets rather than the other way around, which means there needn’t be any disclosure of sensitive information. This new paradigm unlocks opportunities for both analysis and machine learning that were previously impossible – either because they required sharing of sensitive raw data, or because the contractual agreements were prohibitively complex."
The pre-seed investment was led by SFC Capital to support product development and team expansion.
"High attrition rates in professional services mean that new generations of lawyers and accountants don’t want to spend their time on menial administrative tasks. This has a knock-on effect on support staff and in legal firms specifically, secretaries are working for an increasing number of lawyers, with the ratio expected to be 20 legal professionals per secretary by 2027. Our platform delivers richer, more insightful transcriptions and analytics for remote collaboration"
Lakeland Industries provided the £3.5m seed investment to increase manufacturing momentum and support operations.
"The extension of the investment from Lakeland comes at an opportune time, as we accelerate our commitment to provide data-driven insights that enable our customers to make the right decisions to build a safer, more productive workforce,"
The London-based predictive intelligence startup secured the capital from backers including SFC Capital, NCA, Logo VC, and StartersHub to fund expansion in the UK and Germany.
"Quin’s fast traction in building the technology is backed and validated by strong brands like Kingfisher’s subsidiary, Under Armour, and Decathlon as customers. Our investment into Quin AI shows our commitment to support scalable, hands-on solutions that drive direct revenue uplifts in the field of e-commerce. We as NCA are convinced by the huge market opportunity, the innovative product approach, and the superior founding team."