Hoxton Ventures led the seed financing round for the London-based software developer.
"Cadent is dedicated to leading the gas industry in the UK and globally in managing gas escapes more effectively. Our focus is on ensuring safety, reliability, and efficiency for the ultimate benefit of our customers. Cogna’s rapid delivery of innovative software solutions, are proving to be key to this approach. Their technology will enable us to respond more quickly and effectively, marking a pivotal shift in our operations. We see this approach as the future of the industry, where speed, efficiency and performance for customers are paramount."
The pre seed round was backed by investors including Oliver Bridgen and Jordan Hallows to prepare the technology for public beta testing.
"We are thrilled for the support from our investors who believe in our mission to safeguard mobile data. This investment is not just a financial boost, but a propelling force that will catapult us towards expanding our partner base as we gear up to launch our dynamic partner portal."
Hoxton Ventures and Tiferes Ventures have led a seed investment in data analytics platform Fluent.
"On average, 40% of a data team’s time is spent answering questions from across their business. A lot of these questions are easy to answer for the data team but take them away from the deeper, more strategic analysis that can be transformative to their business. With Fluent’s natural language interface, we’re helping team members self-serve on their data questions."
The funding round was led by Unusual Ventures with backing from Fidelity International Strategic Ventures and Clocktower Ventures.
"We live in the age of data overflow- everything from geopolitics to financial filings, to social media and news. It’s often overwhelming and easy to get lost in the noise. But good investment decisions require clarity, and that is where AI can play an unrivalled role – by lifting us from the valley to the mountain top, so we can choose the paths we want to take by seeing where every path leads and how they connect."
The risk management firm has raised £250k to scale its operations into the Middle East and Dubai.
"We are thrilled to have secured this funding, which will enable us to accelerate our growth and strengthen our position as a leader in risk management services. This investment underscores the confidence in our vision and capabilities, and we are excited about the prospects for expansion in the Middle East and Dubai."
