Wesley Clover and the Development Bank of Wales led the seed financing to accelerate the development of cloud visualisation and editing features.
"With heightened emphasis on the criticality of excellent technology infrastructure, all businesses should be able to maximise the benefits of Infrastructure as Code to speed up software delivery, reduce costs, and improve product quality. Whether it is because of a skills gap, a lack of knowledge, or aninability to deploy it at scale, Infrastructure as Code needs to be made more accessible to a wider cross-section of the business community. We’re excited to launch our platform into that space."
Cass Entrepreneurship Fund and The FSE Group back drone manufacturer Evolve Dynamics in its latest funding round.
"We are delighted to support the Evolve Dynamics team, who have demonstrated the value proposition of their product to their target market with strong growth to date. We’re very pleased to be helping them scale and expand into new markets. The company has an impressive number of orders already for the next few months and customer satisfaction with the drone’s performance in a range of scenarios has been excellent."
The Series B round was led by Temasek and the Scottish Investment Bank to fund the development of mobile-ready LiFi components.
"Device manufacturers are looking for new ways to provide devices with faster, more reliable and secure connectivity. LiFi is the natural next step in the evolution of global wireless communications and pureLiFi is leading the way to provide this technology to the market."
Origin Capital backs Bristol-based non-destructive testing technology developer Inductosense.
"Following a detailed process of due diligence we are happy to welcome Origin Capital and their co-investors as shareholders. We are at an exciting time in our growth journey with multiple ongoing field trials, and we look forward to achieving large scale deployments of our technology in the years ahead."
Kelvin Capital and EMV Capital backed the Edinburgh-based antenna developer to finalise commercialisation of its core technology.
"We are very pleased to have EMV Capital on board and for their help in securing the capital that Sofant needed to finalize the commercialization of our leading-edge RF MEMS technology. Ilian and his team bring a great corporate and investor network, and experience in working with scale-ups. They are pragmatic and results oriented."
