The funding round was led by 24Haymarket to support growth in the industrial intelligence sector.
"Even in its infancy, MAIO demonstrated how quickly industrial companies can start their journey to achieving sustainability, reducing energy consumption, material waste and better use of resources. As MAIO has matured, it has accelerated this process, providing the software infrastructure needed to achieve transparency of the manufacturing processes and running of remote assets. Transparency comes from the insights generated from the data collected, which provides the baseline to start making improvements. This investment goes a long way to helping our current and future customers achieve their transformation goals."
Alpha Intelligence Capital and CDIB led the Series B financing alongside participants including BioNTech, Google, and Deutsche Bahn.
"This funding round is a tremendous vote of confidence from our partners BioNTech, Google and Deutsche Bahn after working closely with us on innovative, high-impact AI initiatives"
Deep Insight led the Series A round to support commercialisation and team expansion.
"With the backing of our esteemed investors and strategic partners, Addionics is forging a clear path to market disruption and is well-positioned to deliver higher performing, lower cost batteries at scale"
The investment was led by BGF and Parkwalk to support pre-clinical work, clinical trials, and regulatory approval.
"There are over three million dialysis patients worldwide and every year patients undergo nearly 650,000 surgical AVF creation procedures. However, these procedures take a long time to heal and are prone to failure. Our technology has the power to significantly improve the outcomes for dialysis patients, improving their quality of life and saving millions of pounds in the process. We are delighted to have the support of BGF and Parkwalk to help the business move forward with our clinical trials and ultimately roll-out this ground-breaking product to a global market."
The Series B round was led by Eclipse Ventures with participation from a broad group of global financial and strategic backers.
"We were the first team to develop the scientific breakthroughs in deep learning to build autonomous driving technology that can easily scale to new markets using a data-learned approach. Today, we have all of the pieces in place to take what we have pioneered and drive AV2.0 forward. We have brought together world-class strategic partners in transportation, grocery delivery and compute, along with the best capital resources to scale our core autonomy platform, trial products with our commercial fleet partners, and build the infrastructure to scale AV2.0 globally."
