Blossom Capital has led a £17.2m investment in AutogenAI to support product development and international expansion.
"We build language engines that help organisations to write bids, tenders and proposals more efficiently and more effectively. Our technology augments human expertise by enhancing the power of bid writing teams. This is a clear example of AI being used for public good, reducing the cost of bidding and freeing up taxpayers’ money for the delivery of services. We’re looking forward to working closely with Blossom Capital to build on the progress we’ve achieved so far."
Finch Capital led the funding round, which will support international expansion and product development.
"Finch proved to be the most adaptable and thorough in its evaluation of eflow’s business and future plans, added to which it has relevant contacts in this market sector of tier two financial institutions, where eflow is focused."
The pre-seed round was backed by investors including firstminute capital and Tuesday VC.
"Building my first startup straight out of university and scaling it to a team of over 500, I knew we had to become an effective learning organization. Yet I couldn’t find a simple way to equip our teams with the learning opportunities they needed to continuously grow their skills, learn more, and move faster."
The personal training platform raised £300k from angels and its community to support product development and hiring.
"At Another Round we want to break down the barriers for people to access personalised fitness, and to make trainers’ lives better. Personal training hasn’t really moved along as an industry since its inception and we’d like to have a huge positive change in this space. We’re excited about the next chapter in our journey and we’re proud to have the support of our investors in this round. With this funding we’ll be able to continue to grow our team, innovate and create new features for our members, and deliver game-changing solutions to enterprise clients."
The London human resources platform raised the capital from backers including Episode 1 Ventures and Village Global.
"Until now, companies needed to piece together a number of different tools in order to run even basic people operations, due to the limited scope of the existing tools available. This made it difficult for companies to take a holistic approach, not to mention facilitate automation and self-service options,"