The oversubscribed round was led by No Such Ventures to accelerate growth across the UK and Europe.
"Nearly 50% of healthcare solutions fail to make it to market due to the complex regulatory and compliance challenges they face. Those who choose to take on this complexity face overwhelming amounts of manual work and huge sums spent on consultants. That’s why we built Naq: to empower innovators in the UK and Europe to bring their solutions to market by simplifying their compliance with the frameworks required to operate in the healthcare sector."
The accessibility technology company raised the capital to expand into aviation and international markets.
"This significant investment marks a key moment in the growth and history of Transreport and is a huge vote of confidence and trust from our investors, Puma Private Equity and Pembroke VCT, in our vision and ability to execute on our strategic plans. These funds will accelerate our expansion into the aviation sector and continue supporting our entry into the Japanese market in partnership with Hankyu Corporation, Japan’s world-leading railway operator and most importantly provide a better experience for disabled and older people."
The Series B round was led by Taiwania Capital to support international expansion and platform development.
"We have truly global goals with Daytrip and it is so satisfying to see the brand’s expanding footprint and positive impact as we are now available in more than 110 countries worldwide. Daytrip started with the idea that people want more than a transfer, they want an experience when going places and we are excited that our customers are choosing us for this reason and that our new investor, Taiwania Capital, believes in our product and supports us as we open the platform to millions of travelers around the world."
The pre-Series A round and Innovate UK grant will fund federated learning development and platform scaling.
"Critical Infrastructure is a multi-trillion dollar industry. Across Energy, Utilities and Telecoms – on-device Federated Learning has the potential to improve performance, reduce failures, enhance security and lead to more efficient, more sustainable services. The OctaiPipe team has already demonstrated significant customer traction and we are delighted to support them as they scale to address this important market."
