Industrial Thought backed the collaboration platform with cash and strategic support.
"FIs recognise that they can reap major benefits from technology innovators in areas such as operational efficiency and better consumer outcomes. Yet, while most of these organisations are keen to engage fintechs, they struggle to get the information they need to establish trust. Our goal is to simplify the process, promote transparency, and ultimately facilitate progress."
The pre-seed round was backed by investors including Disclosure, Arca and Jimmy Napes.
"Many companies are currently training models on unlicensed music – instead, we are developing intuitive and code-free ways for creators to train on their own IP to produce personalised, contextually aware models that are unique to them"
SFC Capital led the pre-seed round, which will help Furbnow expand its supplier network for home energy upgrades.
"Everyone deserves a warm, comfortable home without costly bills and yet 11.7 million homes sit at the D energy rating or less. Sadly, energy efficiency has been the poor relation to the low-carbon technologies that grab headlines. But if your home is cold and draughty, no amount of Co2 savings is going to be better for you. We’re building Furbnow to be the go-to platform for homeowners who want advice and support as they plan and install low carbon technologies and energy efficiency elements in homes,"
The pre-seed investment was led by Nick Slater and John Spindler at Twin Path Ventures to support engineering and compliance growth.
"With the current explosion in AI capabilities, we believe Jenesys is well placed to take advantage. The team passed extensive technical due diligence to prove their use of cutting edge AI, integrating it directly into everyday workflows to allow for seamless productivity gains. We are very excited about what they can achieve."