Blackfinch backed the Poole based pure water network to support station rollout and US expansion plans.
"The investment from Blackfinch means we can rapidly scale up our network – it’s very exciting for the company. It also puts us in a good position when it comes to our US expansion plans."
The seed round was co-led by Playfair Capital and Credo Ventures with participation from Techstart Ventures and angel investors.
"Before founding Continuum Industries, we led a 150-people strong hyperloop team at the University of Edinburgh. While there, we built the UK’s first hyperloop prototype vehicle and successfully competed in contests run by SpaceX and Virgin Hyperloop One. It was the hyperloop moonshot that made us realise the socio-economic value of infrastructure and forced us to think about better ways of taking infrastructure projects from ideas to reality."
The London startup secured backing from Pentech and Speedinvest to drive the development of its neural image compression software.
"As humans, our eyes have evolved to care about certain colours and properties of the natural world. It helped us survive as hunters and gathers. We are more sensitive to the colour green as it represents fertile areas with food and water; we notice the slightest of movements in still scenes, as this helps us flee from sneaking predators."
Prime Advantage Capital Partners joins the funding round to help the impact sensor developer advance towards early commercialisation.
"Prime Advantage was invited to take part towards the end of the third round raise and was able to secure investment very quickly. Thanks to their efforts, we’re now able to move forward to the exciting commercialisation stage for the technology."