The funding round was led by Maven Capital Partners via the Northern Powerhouse Investment Fund to support technology development and team expansion.
"The time is right to accelerate our growth and invest across the business in our proven technology solutions to expand their take-up and unlock new A.I applications,"
The University of Cambridge spinout has raised £1.5m from backers including Cambridge Enterprise and Crowdcube.
"Having the ability to surface internal knowledge blended with external sources is now a major priority for large organisations that employ thousands of staff using multiple platforms to store their data, information and knowledge."
Cambridge Enterprise led the seed financing, which includes backing from Parkwalk, New Grounds, and R42 Group.
"Many researchers would like to get molecular binding data more conveniently and more frequently to guide them through a drug development project. HexagonFab aims to address this need with the Bolt. This investment will enable us to bring our game-changing product to the market. We look forward to the months ahead working closely with our lead customers,"
— Christoph von Bieberstein, Founder and Commercial Director
The investment round was led by 24Haymarket and will support US expansion and product development.
"The investment from 24Haymarket marks a major step in expanding our capabilities and accomplishing our ambitious future aspirations for Osprey. With solid foundations in place, we are very much looking forward to continuing our relationship with 24Haymarket as Osprey enters its next phase of exciting growth."