The seed round was co-led by UK Innovation and Science Seed Fund and Expansion Aerospace Ventures.
"These programmes supported us from day one, helping us combine state-of-the-art research in hyperspectral remote sensing, machine learning and crop growth modelling to build something radically new – turning an ambitious idea into a commercial business with real-world impact. Now we’re ready to take this innovation global, helping farmers boost profits, cut emissions and keep soils healthy for future generations."
Maven Capital Partners led the £1.6m investment to fund recruitment across research and development, sales, and marketing.
"eviFile has a highly scalable, proven operating model driven by a strong management team with a clear vision. With the significant uptick in digitalisation in the sector, the business is well positioned for continued growth within several verticals. We’re delighted to support Nick and the team as they execute their ambitious plans."
Vista Equity Partners led the strategic investment to accelerate the company's software roadmap.
"This partnership marks an exciting milestone for Joblogic. Our goal has always been to simplify the complex reality of field service work to help our customers achieve efficiency and growth, and with Vista’s support we’re better positioned than ever to deliver on that. We’re continuing to invest in our market-leading AI solutions to bring real intelligence to the job lifecycle, and we’re energised by the opportunity to move faster and serve our customers even more effectively."
The synthetic anatomy startup bypassed traditional law firms by using Genie AI to complete its seed round documentation.
"We completed a complex set of documents in a fraction of the usual time, and with minimal to zero external legal spend with Genie AI. Beyond powering our funding round, Genie also handled our Material Transfer Agreement, IP assignments and NDAs, allowing us to stay focused on scaling and innovating in synthetic anatomy. I know that many founders are frustrated by the current legal fee system. My background as a graduate in law helped give me the confidence to do things differently. The market will show no loyalty to traditional legal services if AI systems keep generating more value for the dollar spent. Why should it?"
— Nazmus Tareque, Co-Founder and Chief Commercial Officer
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."