The funding will support new laboratories in Stevenage and headquarters in Milton Keynes alongside team expansion.
"Having worked on drug development projects that involve animal testing, I've seen the difference that new drugs can make to patients' lives. However, I felt there had to be a better way and set out to look for an alternative. Our model not only enables companies to move away from animal testing but also improves safety for patients too. We look forward to working with many more clients and scaling the business with a view to global expansion in the future."
The Dublin-based startup has pulled in €5m in an oversubscribed seed round led by EQT Ventures to scale its insurance and retirement technology.
"Kota is first to market with a platform that is automating workflows through data synchronisation and reconciliation, integrating with top-tier health, life and pension providers, and ultimately, delivering employees access to the benefits that they deserve."
The seed round was led by Vanneck and will fund international expansion and product development.
"This new round of investment marks a pivotal moment for InterLnkd. It not only validates our mission to help the travel industry capitalise on a new and free stream of ancillary revenue, but also empowers us to deliver an even more tailored experience to our partners and their customers. We look forward enhancing our capabilities, expanding our global footprint, and reshaping the world of travel shopping."
The pre-seed round was led by Firstminute Capital with backing from a16z, Sequoia Capital, Craft Ventures, and Atomico.
"We are thrilled to back Klu as they enable the next generation of AI-powered software. With Klu, knowledge workers can spin up AI-based internal workflows to automate repetitive tasks and embed AI workflows into their products for customers to experience. This is a major product challenge which is why Stephen and Stefan with their prior roles at Productboard and Skyscanner are the right duo to solve this problem,"
The funding round was led by Shift4Good to support the company's growth and recent acquisition of Cylantro.
"We’re excited to welcome onboard the Cylantro team to Laka. Thomas and his team have built up a fantastic offering in France, and we can’t wait to ramp up our presence across the country. E-bikes are expected to outgrow car sales by 2025 in Europe and we see huge potential in France, where the sales of bikes and e-bikes are growing at double-digits. We are also excited to welcome Shift4Good as an investor, and we look forward to working with them to expand our commitments to decarbonising mobility, by making it easier for consumers to insure and protect their bikes or e-bikes."
