The round was led by Galaxy Interactive with backing from Galaxy Ventures and Unbound.
"AI advancements are rapidly outpacing any AI detectors or retroactive solutions to authenticating content – it’s a losing arms race. Our approach is sustainable, what’s proven to be true today will still be true a decade down the line. We leverage the immutable quality of blockchains to combat AI. By proving content at source, we can guarantee what is human-created and what isn’t. In our minds, purpose built blockchains are the only acceptable solution for trust online in a world of AI."
The funding round was led by rugby players including Pierre Schoeman and values the business at more than $17m.
"We are thrilled to welcome this group of investors, whose enthusiasm for whisky and commitment to our vision to own this space globally, will help us build Bevvy into a truly unique, worldwide platform. This funding marks a pivotal moment for Bevvy as we scale our efforts to meet the needs of the ever-growing whisky community."
The financing concludes a total Series A raise of £9.5m and will support global expansion and AI product integration.
"We have invested heavily in data architecture and leveraged our governance expertise to build data structures that ensure the utmost integrity around entity data, which enables the development of highly accurate and time-saving AI features. Thanks to this funding round, we can supercharge the Kube platform to empower enterprises to manage, analyse and visualise entity data in a way that will transform day-to-day operational efficiency. We’re delighted to be partnering with Barclays as both a customer and investor, and to see our relationship with Nasdaq Ventures go from strength to strength."
The oversubscribed round was anchored by IP Group, Parkwalk Advisors, and AlbionVC.
"There is a massive market opportunity for start-ups that figure out how to harness the potential of AI to transform how software gets built, tested, and deployed. Our investment in the company reflects our belief in its potential to be an important player in the next generation of AI-powered software development tools."
