The pre-seed round was led by data and AI specialist fund J12 with backing from angels and Twin Path Ventures.
"Blue chip lawyers’ time is extremely valuable, and yet too much of it is taken up by manual tasks such as WIP list analysis, scope tracking and budget monitoring, and the associated routine client comms. We believe that in 2024, machines are perfectly equipped to handle those tasks whilst keeping the lawyer firmly in the loop; they also benefit from the insights gleaned from law firms’ vast historic time and billing datasets that are ordinarily not discernible to humans."
Hoxton Ventures and Tiferes Ventures have led a seed investment in data analytics platform Fluent.
"On average, 40% of a data team’s time is spent answering questions from across their business. A lot of these questions are easy to answer for the data team but take them away from the deeper, more strategic analysis that can be transformative to their business. With Fluent’s natural language interface, we’re helping team members self-serve on their data questions."
The pre-seed round was led by Manchester Angels to support the completion of the Child Labour Index and advance stewardship tools for investors.
"To be able to oversubscribe the funding round in the current economic conditions is a monumental achievement for HACE and a testament to the growing awareness of the scale of the child labour issue and the role that technology will play in sustainably eradicating it."
The financing was co-led by Amadeus Capital Partners and Manta Ray Ventures to support international expansion and product development.
"This investment allows us to expand our global reach, with sales and support engineering staff in Brazil, the US, India, and grow our Yorkshire headquarters. We will be adding engineers and production workers and moving into a new Sheffield location. The investment will also enable Sitehop to pursue its technology roadmap – fleshing out the range of SAFE products securing all types of data-in-motion, and developing parallel products using our world-class skillsets in cryptography and programmable hardware design. We aim to get Sitehop’s products into the backbone of most of the world’s networks in the next few years."
The pre-seed round was led by Creator Fund and will support the development of B2B construction information management products.
"Our mission at Didimi is to transform the way information is exchanged and managed across construction stakeholders. When architects and engineers exchange models in the current format, huge information loss occurs due to the fundamental interoperability problems in the industry, leading to time waste and mistakes. The Didimi platform is our ambitious answer to this problem. We are extremely grateful to have found the right investors that can back us in this vision and help us change these antiquated practices in the industry."
