The Liverpool technology firm raised the Series A capital to expand its team and accelerate market penetration.
"Securing this investment is a significant milestone for OBT Live. It not only validates our vision but also provides the resources to scale our operations and enhance our service offerings. We’re excited to partner with Praetura Ventures, whose commitment to supporting northern tech businesses aligns perfectly with our growth ambitions."
NOIA Capital led the round alongside Accrete Capital to support research, team expansion, and international delivery.
"This investment is a strong endorsement of both Skyral’s technology and its ability to solve complex global challenges, as well as the excellence of UK innovation."
Technology investment firm Accel-KKR has backed home care software provider CareLineLive in a majority deal.
"Our vision has always been to make homecare better for everyone through the use of technology – for providers, carers and clients. This investment helps bring that future closer. Accel-KKR’s long track record of helping software companies grow is what I am most excited about. Their experience and resources will help us to grow our team, enhance our product, and deliver even more value to our customers. A portion of the funding will be used to establish a customer support presence in Australia, enabling round-the-clock service. As our UK team finishes for the day, the Australia team will begin – meaning we’ll be able to support customers at any time of day."
The funding will support engineering growth and artificial intelligence development as global demand for secure operational tools increases.
"Being unable to verify if a person can be trusted, if a task has been completed or work out how to pay them has been preventing successful humanitarian, aid and military missions for too long. Yet solving the issues has historically been considered too complex and too difficult, leaving organisations stuck using disparate and insecure platforms. We created Labrys to solve these tough workforce and team coordination problems in logistics, risk and humanitarian crisis response and we’ve built a talented team to tackle the hardest technical problems in this space. We’re delighted to be backed by investors who understand this mission and want to build the future of trusted infrastructure right alongside us."
The seed round was led by Index Ventures with participation from multiple venture firms and angel investors.
"Our platform dramatically streamlines this process and mountains of documents which slow down research today. But improving efficiency is only the beginning, building AI into the invention process, along with the inventors allows inventors to fundamentally expand the horizons of what we can imagine creating. We believe Ankar is creating the foundation for the next generation of breakthrough technologies."