The financing round was led by Pi Labs with participation from Ada Ventures and 1818 Venture Capital.
"Ever since we invited MOONHUB to be a part of Pi Labs’ 2022 Growth Programme, we’ve, quite frankly, been ‘over the moon’ to be a part of its ambitious journey from such an early stage. We see in Dami, Vinh and Hannah the entrepreneurial flair and innovative abilities that will enable MOONHUB to become a global leader in VR training technology."
The Sheffield-based industrial IoT startup has raised £1m from backers including North Invest and SFC Capital.
"We knew FourJaw had created a game-changing technology that would break through the sector’s scepticism surrounding Industry 4.0. Their data-driven technology is right for its time, helping drive a manufacturing renaissance for post-Brexit, post-COVID Britain where productivity and competitiveness are essential to the economy,"
The company has raised fresh capital from Blackfinch Ventures, Italian Angels for Growth, and Blockchain Valley Ventures to fuel product development and commercial growth.
The virtual reality training platform raised the seed capital from backers including Pi Labs and Ada Ventures.
"Ever since we invited MOONHUB to be a part of Pi Labs’ 2022 Growth Programme, we’ve, quite frankly, been ‘over the moon’ to be a part of its ambitious journey from such an early stage. We see in Dami, Vinh and Hannah the entrepreneurial flair and innovative abilities that will enable MOONHUB to become a global leader in VR training technology."