The financing round was led by Vertex Ventures US with participation from several venture funds and alumni syndicates.
"Our mission is to power hiring decisions with truth. The best companies know it’s their people that determine their ability to succeed as an organisation. Yet for the longest time they’ve been recruiting based on guesswork, memory, and bias. Previously, any data that was used to improve hiring performance only ever measured the symptoms, never the causes. Now we can bring transparency to the previously opaque interview process, and use technology to improve the most important moments in hiring."
The Blackpool start-up combined private match-funding with an Innovate UK grant.
"I sought investment to continue building the first ever Blockchain, AI-based Digital supply chain for spare parts, providing effective logistical management, faster delivery time and a reduced carbon footprint."
The Series A round was provided by Koru and SGN to fund product development and global expansion.
"Given the substantial safety, quality and financial benefits we have already enjoyed, we are delighted to be scaling our involvement through additional funding and are confidently targeting efficiency savings of £13 million per annum over the next 3 years through our new Innovation Partnership with FYLD."
The Manchester-based cyber security platform raised £3m from backers including Senovo and Passion Capital.
"We successfully gain access to organisations’ data and systems every time and it’s almost always as a result of human behaviour or error. As an example, multi-factor authentication (MFA) is often touted as a key cyber defence – yet we find that an average of 32% of employees accept MFA authentication requests sent by attackers, essentially opening the door for them. The traditional awareness training approach simply doesn’t improve behaviours like this – hacking people is still too easy."
The seed round was led by Pi Labs with participation from Sugar Capital, 7percent Ventures and notable angel investors.
"Our vision is that every physical space will become digitally connected, enabling an entirely new type of interaction with the world around us. These 'smart spaces' will unlock rich information and transform billions of daily interactions for shoppers and retailers. Right now, the biggest players in tech are working on building next-generation augmented reality wearables, and we’re building the killer consumer use-cases for this transformative technology. In the future, providing a frictionless digital experience in a physical location will become as essential for every business as having a website is today."
