The funding round was led by Extantia Capital and includes £2.4m in non-dilutive capital.
"We want our technology to set a new standard in the waste treatment and energy sectors,by not only optimising waste breakdown but by boosting methane production across the board"
The seed round was led by Castle Island Ventures to support the rollout of a hybrid Layer-2 network powered by Bitcoin and Ethereum.
"We’re thrilled to have the support of such esteemed investors who share our vision for the future of Web3 innovation by combining the best of Bitcoin and Ethereum."
The seed round was co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton
"AI computational needs are increasing by 10 times every 18 months. This leads to distributed training and inference across large numbers of xPUs. Collective data movement across the servers in the data centre becomes a bottleneck which in turn limits the training and inference completion time. This requires a fundamental shift in the co-design of next generation networked systems."
The round was co-led by Inven Capital, 2150, and AENU to accelerate fleet expansion and software development.
"Travelling by bus or coach doesn’t have to be rubbish. It should be possible to deliver an experience that beats a car – because someone else is doing the driving so you can have your time back – but that requires a relentless focus on the passenger experience. Things like live tracking that actually works, super-simple pricing, easy ticket changes and near-perfect reliability."