The pre-Series A financing was led by Quadri Ventures with participation from existing backers to accelerate international growth.
"This funding round will enable us to continue our global growth and double down on the business cases that are working so well: we have been helping our customers realise enormous savings throughout their creative processes while enabling them to massively scale the output of their production to levels they never dreamed of, allowing us to supercharge creativity."
The pre seed round was led by Episode 1 Ventures and will support infrastructure development and team expansion.
"We are really excited, this investment will help Sable Bio redefine drug safety assessment and change the ways actionable biomedical insights are generated. Working with with leading investors Episode 1 and Seedcamp is enabling us to build an exceptional team and a platform to accelerate safer drug development for patients in need"
The Bristol based investigation software provider raised the capital from Frog Capital, angels and employees to fund product development and expansion.
"This funding is the latest step in our journey of supporting investigations and intelligence teams across the globe. Our mission to protect society from harm goes beyond developing intelligence and investigation software. We are building a networked community of investigation professionals across sectors worldwide to explore common challenges and share best practices."
The funding initiative was announced by Science Minister Andrew Griffith during a visit to Cerca Magnetics.
"As we steer towards an economy benefitting from quantum, this further £45 million in funding underscores our commitment to support bright UK innovators who are pushing boundaries and seizing the potential of this technology to transform our public services. The UK is already one global leader in quantum and to maintain that position this government will continue to invest in this transformational technology propelling the UK into a new era of technological prowess and economic growth."
Wealth Club led the EIS funding round with participation from existing investor Blackfinch Ventures.
"I’m delighted to welcome Wealth Club as a shareholder at this really exciting time in our growth trajectory. We’re already starting to see the profound impact we’re having on safety and efficiency in the rail industry through the implementation of our geofencing technology. With Wealth Club on board, I’m excited to increase this impact and together, work towards our mission of putting an end to preventable fatalities in heavy industries."
