The Belfast based water management software company raised the capital from YFM Equity Partners and Emerald Technology Ventures to double its workforce and expand abroad.
"This significant investment represents a transformative step in our company’s journey, fuelling our expansion and creating exciting opportunities for Northern Ireland’s job market. We’re thrilled to announce new positions spanning sales and marketing roles to drive our global reach, alongside cutting-edge technical roles that will shape the future of our smart technology as we advance our innovative product roadmap."
The seed round was led by Notion Capital with backing from Redstone and angel investors.
"We are incredibly excited to have the support of such highly respected Fintech investors as we enter this next phase of growth. This investment is a testament to the progress we’ve made, working with forward-thinking clients across multiple sectors within the UK workforce. But we are just getting started; Aslan will fundamentally change the way that we all get paid, and how companies reward their people."
Sure Valley Ventures led the seed round to help the artificial intelligence company expand its engineering and business development capabilities.
"Vizgard is tackling the growing need for time-critical visual intelligence and precision camera automation in security and defence solutions. Their technology addresses important AI reliability concerns through a robust ‘systems approach’, identifying threats that would have been missed and allowing stronger performance in new environments. With the rapidly growing demand for AI in Defence and Security, and the team’s deep domain expertise, we believe Vizgard has the potential to become a global leader in AI vision automation."
The Index Ventures led round lifts the company total seed funding to over $14m.
"The market is crying out for a new kind of monetisation platform. Our team and product are in place, and customer feedback is beyond expectations, so we’re excited to scale our distribution engine and extend our reach beyond early adopters. Demand for a more flexible, automated revenue management solution is growing fast — especially as people realise the gains of our platform within just a few weeks."
