The financing round was led by CapHorn with participation from Chevron Technology Ventures and Suffolk Technologies to support international growth and product development.
"The UK has led the way in AI for construction since our inception in 2017. I'm proud to continue that leadership. We've been quietly building a new standard for capital delivery with customers all over the world. This funding allows us to scale that transformation – proving that a UK company can lead globally in one of the most important applications of AI."
The funding round was led by Gresham House Ventures alongside growth lending from Palatine Growth Credit.
"This follow-on investment is a huge vote of confidence in our platform and our strategy. Retailers and brands need flexible, future-proof infrastructure to stay competitive, and Patchworks gives them the power and speed they need. We’re doubling down on the US market, scaling our partner ecosystem, and continuing to enhance the platform with AI and other innovations so our customers can connect, adapt and grow faster."
The financing round was led by Aker ASA with participation from multiple international technology firms and financial institutions.
"We are building the AI-native Infrastructure platform of tomorrow. AI is reshaping industries, economies, and national strategies – but it cannot happen without the physical backbone: the data centres, the GPUs and the software to orchestrate them. We are building a vertically integrated, AI-engineered foundation designed to power the next generation of technological change, enabling industries and innovators across the globe to achieve what today feels impossible."
Paladin Capital Group led the Series B round, with participation from Khosla Ventures, LGVP, and Entrepreneurs First.
"In enterprise AI, capability means nothing without context. The agents that will win are the ones that understand the work – that’s what we make possible. Our technology shows companies where AI can make the biggest impact and gives agents the process knowledge to deliver it. Our goal is to help the world’s biggest organizations move AI from an interesting internal experiment to something that runs at the heart of the business and takes on the burden and mundanity of repetitive tasks, so employees can spend their time more wisely."