The growth capital round was backed by YFM and existing investors to support worldwide expansion.
"Ohalo is operating in a burgeoning marketplace, which is subject to increasing demand. It’s estimated by Gartner that 20% of all organizations will use software to monitor and control their unstructured data by 2026. With YFM’s backing there is a significant opportunity for Ohalo to capitalize upon this, having already carved out an excellent reputation for service delivery and tech innovation. We look forward to seeing the company continue to thrive and expand."
The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.
"The Fundamental AI Research (FAIR) team is looking forward to collaborating with CuspAI in their use of AI, including our OpenDAC work, to accelerate the discovery of novel DAC sorbent materials. The world needs fast progress on affordable carbon capture, and we believe that CuspAI’s team is in an excellent position to apply AI-based materials discovery to this pressing problem."
The BBC backed the Bristol-based technology startup to develop immersive live experiences for younger audiences.
"The more that this technology moves on, the more we’re going to get closer to that live experience and I think that’s so special. This is a much more accessible way for people to hear live music and I’m all for that."
The London-based residential energy services company has raised debt financing from Barclays to widen access to domestic green technology.
"Many homeowners naturally want to invest in renewable technologies but are put off by the extraordinarily high upfront costs. That’s why we’re focused on removing barriers to help more households take control of their energy bills and carbon emissions. We’re delighted to be working with Barclays to help us develop and scale flexible finance solutions with all-inclusive cover built-in, to enable homeowners to make the switch to clean, green energy with confidence."
