The oversubscribed round was backed by new investors including Solve Innovation Future to support international expansion.
"The pandemic accelerated the pace of innovation in education – fast-forwarding the use of technology in learning by years in just the space of a few months."
The funding round was backed by CEMEX Ventures, Blackhorn Ventures, and GroundBreak Ventures to support team expansion and software development.
"our digitally led approach to project management and innovative ‘kit of parts’ platform delivers sustainable, high quality housing at a fraction of the time of traditional construction. Modulous provides partners with the end-to-end tools necessary to accurately estimate project costs, compress programme timescales and mitigate against the risks inherent in planning, design, and implementation"
The investment from the Midlands Engine Investment Fund will support the company as it expands its team and rolls out its road safety application.
"For too long, the insurance industry has had limited visibility of driver knowledge and skills data upon which to base underwriting and pricing decisions. We’re changing that with RoadHow. Through RoadHow, we will be able to provide insurance companies with real data that will create a much stronger relationship for both the insurance company and the driver. We want to reward good behaviour through data."
Foresight Group has backed NorthWest EHealth with £3m in growth capital.
"The pandemic has strengthened the need for increased data integration to enable rapid trial design, recruitment and remote follow-up. Whilst our software meets many of these needs already, this investment means we can significantly accelerate our development and deployment programmes."
Pi Labs has led a seed investment in construction analytics platform Contilio to drive expansion.
"Construction is a pivotal part of all of our lives whether we are indoors, commuting or communicating. After spending years managing mega construction projects and investing in AI and Fintech, I realized that the 3D AI advancements would help deliver the much-needed change for an industry that I knew deserved much better."