Plural led the Series A follow-on round to help the company scale its precision medicine platform and expand globally.
"Precision medicine is transforming how we think about and approach healthcare, and clinical trials are the bedrock of precision drug development. In the past 12 months, we’ve scaled up our capacity to hold three times more trials than the year before and launched our first programme supporting families affected by ALS. I’m so pleased with everything the team has achieved so far and this new funding will help us to integrate LLMs and other AI tools to drive more productivity. This will help us continue our growth trajectory, particularly with the help of visionary investors like Carina Namih, who supported our seed round and is now supporting us again at Plural."
The fitness dating brand raised funds backed by European champion powerlifter Nathaniel Massiah to support UK growth and US expansion.
"Having watched the FITFCK journey over the past year, I have not only been impressed by the overall growth of the brand but also their ability to create such a talked about fitness community. I think the concept of connecting like minded gym lovers is something that we can all relate to and I cannot wait to see what we can achieve together in 2024 and the future."
The Series A round was led by Khosla Ventures and Nat Friedman to support the development of proprietary foundation models.
"I truly believe that AI has the ability to reshape design and influence the way that we look at the world. Recraft was created to meet the requirements of professional design, generating consistent style images and high-quality vector illustrations suitable for everything from advertising and digital marketing assets to iconography. And the development of our Foundation Model will enable us to improve the quality and consistency of the AI-generated graphic design."
The London simulation platform has secured backing from Cogito Capital Partners alongside Edge VC, Taiwania Capital, Movens Capital, and High Tech Grunderfonds.
"The pedigree of our investors speaks for itself: their experiences in scaling businesses that focus on vision AI will be indispensable at a time where similarly synthetic data is bringing so much immediate value in the real world. SKY ENGINE AI’ mission is to augment deep learning teams to create AI models that generalize better against unknown real-world data and with reduced algorithmic biases"
