The financing round was led by ArcTern Ventures with participation from notable angel investors and Saltwater.
"With leaders set to ratchet up global climate ambition at the upcoming COP26 climate summit, there’s never been more certainty amongst corporates and investors: carbon equals cost and risk. A net zero-aligned model is a proxy for profit, efficiency and resilience and we’re committed to helping firms realise the major economic upsides of the transformation."
The investment from Apax Digital Fund will support international expansion and the creation of over 400 new jobs.
"It’s an incredibly exciting time for artificial intelligence, and for Faculty in particular. Too many organisations haven’t been able to realise the value of AI, because they haven’t had the tools to integrate it successfully into their business. Customers are rightly demanding high performance technology to unlock the power of data and maximise impact. Faculty can help elevate an organisation’s performance, whether this enables better operational decisions, or increasing ROI. Apax’s expertise and global network means we will continue to grow at pace, bringing the power of AI to even more customers, helping them to make effective, robust decisions with real-world impact."
Oxford Sciences Innovation led the seed investment, which will fund commercialisation and technological advancement.
"The world must create 70% more food by 2050 in a sustainable way. We need to double production, improve efficiencies on existing farmland, and avoid destroying more rainforests. At Omega Crop we can monitor and evaluate vast tracts of farmland, diagnosing crop loss events at scale and enable targeted interventions that will help feed our growing world."
Goldman Sachs Asset Management has backed ComplyAdvantage in an extension to its Series C funding round.
"The company brings clear value to its clients and has grown at an impressive rate. We are excited to support the business as it continues to scale rapidly and help companies of all stages manage these critical risks."
The pre-seed funding round was backed by Chris Craig-Wood, Greg Gormley and Nigel Ashfield.
"We are overwhelmed by the level of investment we’ve received from three very high-profile and experienced businesspeople. While the investors will be “hands-off” in terms of the day-to-day operation of the business, they will still play a key role in the future of the business."