The Nottingham-based scheduling infrastructure provider has raised £15m from growth capital investor BGF.
"Cronofy is a stand-out tech success story that has achieved global recognition in its vertical for having the most reliable embedded scheduling infrastructure. Its ROI for a range of different customer types and size, including enterprise, is compelling. It has a customer centric, product first growth strategy that has already generated 60% of its sales from the more mature US market. We look forward to partnering with this impressive management team who have a proven track record in solving problems for customers and scaling tech businesses."
The insurtech firm has raised funds to complete its technology stack and expand integration capabilities for retailers.
"Loxa is on a mission to rebuild trust in repair-first insurance and unlock significant value for UK retailers in the expanding product protection market. This fundraise marks a significant step in our journey. The process can be fraught but partnering with the right investors, like those we found through AIN, makes all the difference. We’re excited to use these funds to scale Loxa, execute our ambitious plans, and get this business motoring towards profitability."
British Design Fund backs the medical technology startup as it prepares to launch its first consumer products.
"We are delighted to have the backing of the British Design Fund. Sleep health has a profound impact on physical and mental wellbeing, and our technology is designed to help individuals and families achieve better rest. With the support of our investors, we are one step closer to making refreshing, uninterrupted sleep a reality for everyone."
The private investment will support the company as it scales its privacy-first meeting management tools internationally.
"The challenge of balancing productivity with privacy has never been greater, especially for professionals in law, government, and accounting. Ulla was created to give these professionals the power of cutting-edge AI while ensuring their most sensitive data remains under their control. Unlike traditional AI solutions, which rely on third-party services, Ulla processes everything locally, empowering users to confidently manage their meeting data without compromising security. Our mission is simple — to provide a privacy-first solution that not only enhances operational efficiency but also ensures complete data confidentiality at every step."
