The seed round was led by Seraphim Space to fund the development of new commodity risk insurance products.
"Welcome to Insurtech Gateway ChAI. Industrial supply chains face increasing price volatility in commodities with the majority unable to access hedging tools. ChAI solves this problem through a smart price protection solution backed by insurance. We are delighted to help you prove out and scale this model. We were really impressed by ChAI’s deep data insights into market and pricing dynamics."
LocalGlobe led the seed round as the company looks to grow its product and clinical teams.
"At Noala, we’re building the go-to platform to improve one’s communication skills, empowering a decentralised fleet of Speech and Language Professionals to deliver clinically-backed digital coaching programs."
The seed round was led by Seraphim Space to support the development of new commodity risk insurance products.
"Welcome to Insurtech Gateway ChAI. Industrial supply chains face increasing price volatility in commodities with the majority unable to access hedging tools. ChAI solves this problem through a smart price protection solution backed by insurance. We are delighted to help you prove out and scale this model. We were really impressed by ChAI’s deep data insights into market and pricing dynamics."
Scottish Equity Partners backed the Glasgow based Internet of Things connectivity business to fund product development and sales expansion.
"This investment sets us well to accelerate our growth as an independent business. Pelion is at the forefront of the IoT connectivity market, serving a multitude of customer use cases around the globe, and we are excited to be embarking upon the next stage of our journey. The investments made into our technology and products over the past five years make us an ideal partner for any enterprise seeking to utilise IoT to drive their business outcomes."
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