Concept Ventures led the pre-seed investment round to help scale the London-based team and accelerate product features.
"Mainstream generative image platforms can be really impressive, but they simply aren’t fit for purpose when it comes to a sector like architecture and design. In our industry, detail and precision is everything. Gendo has been designed specifically for these professionals; we’ve built an AI platform that speeds up design work and allows creativity to flourish."
The oversubscribed round saw backing from investors including André Hoffmann and Oxford Science Enterprises to expand environmental reporting tools.
"It has been truly exciting to see the level of investor interest in our company, particularly in a less-than-optimal fundraising environment globally,"
The pre-seed round was led by Bijan Morvaridi to support product development and regulatory engagement.
"Having worked in the restaurant business for years, I know how important personal service is. OpenFi’s technology is the first AI application I’ve experienced that felt human and personal, that’s why I am backing the company."
The funding round was backed by Barclays Sustainable Impact Capital, Mercia Ventures, the Midlands Engine Investment Fund, and Green Angel Syndicate to fuel expansion.
"The transition to net zero emission for many sectors is not as simple as swapping from high-emitting fuels to renewables, and this is particularly true of the logistics industry. Zedify have identified that hyper-local delivery models are needed, in combination with low-carbon transport, in order to decarbonise the industry, reducing pollution within the UK’s cities."
The pre-seed round was led by Sure Valley Ventures to support international expansion and team growth.
"At Vortex IQ, our mission is to simplify and enhance the e-commerce workflow through innovative AI solutions. By providing e-commerce teams with cutting-edge productivity tools, we help businesses to prioritise their customers, enhance efficiency, and drive profitability."
