The Cardiff-based digital solutions startup has secured capital from investor David Jones to fund sustainable product development.
"At Seedable Studio, we’re all about building digital solutions that push tech forward responsibly. Our digital future with AI shouldn’t be just about working smarter or faster. It should be about being considerate. That means creating energy-efficient tech that is people-friendly and good for the planet."
The seed round was co-led by Montage Ventures and AIX Ventures to fund asset expansion and clinical trials.
"We're thrilled to have the support of this leading investor syndicate in our mission to rescue promising yet struggling drugs with our technology. Traditional safety assessments reveal when something is wrong, but our platform goes a step further by identifying the exact molecular and biological issues to provide actionable insights to re-engineer and revive therapies. With this funding, we can expand our efforts to salvage distressed assets and accelerate the delivery of life-saving therapies to patients."
The follow-on investment will help the sales management platform grow its presence in the United States and develop its product.
"OneUp Sales has been a pioneer in the field of sales management systems. Mercia supported it from the start and it has been rewarding to watch its continued growth and development. We look forward to working with Derry, James and the team as they continue to scale the business."
Fuel Ventures led the pre-seed round, which values the recruitment technology start-up at $6m.
"Recruiting is broken. It’s a slow and manual process, with extremely expensive hiring fees, and hundreds of unsuitable applications. Hiring managers are frustrated, and candidates are burnt out applying to job advert after job advert and then never hearing back. That’s why we have built Alfa. Our AI Agent is capable of millions of calls simultaneously, in any language, at 97% lower cost than a human."