SFC Capital backed the Manchester-based artificial intelligence startup in its latest pre-seed round.
"I am thrilled to announce our pre-seed investment from SFC Capital. This milestone marks a crucial step in our journey towards revolutionising social media content creation using AI. We are incredibly excited by the trust and confidence that SFC Capital has placed in our vision and our team. Their expertise and track record in supporting early-stage technology startups will undoubtedly accelerate our growth and development, helping us bring our cutting-edge AI solutions to market more efficiently. This investment will enable us to expand our research and development efforts, as well as scale our operations globally to better serve our customers. Our dedicated team of developers, engineers, and marketers, is now more committed than ever to pushing the boundaries of artificial intelligence, delivering transformative social media solutions to empower individuals and ambitious businesses."
Mangrove Capital Partners led the pre-seed round with backing from Ada Ventures and sector leaders to expand green skills training.
"The problem is two-fold. Firstly, there is an awareness issue – these are highly accessible, meaningful and well-paid jobs but people are unaware that they pay well or that they even exist. Secondly, the current training systems in place cannot deliver at the speed and scale required,"
Jenson Funding Partners led the pre-seed round to help the agricultural technology firm advance its monitoring tools.
"Much research has shown us that we are not working palm plantations in the most effective way possible, particularly when we consider just how much palm is required for global use. With Permia’s technology, we hope to help farmers globally generate the most sustainable yield from the healthiest trees. By minimising some required input we can reduce CO2 emissions, not to mention the social impact of generating more income within the supply chain"
The pre-seed round was led by Jenson Funding Partners to help the company expand into the US market.
"I’ve worked in the auction industry for over a decade and have experienced the frustration of the outdated system first hand, from the legacy technology, to the consequences of this on customer experience. Artisio was formed to alleviate these issues. Our all-in-one panel means that customers can automate complex processes and easily communicate with vendors, rather than having to navigate multiple streams of communication and data. Within the industry, there are many verticals that need to be accounted for, but there’s a lack of solutions that can be used across the board. We’re excited to develop a solution that can be used by all verticals in the auction industry, streamlining time consuming and complicated processes."
The pre-seed round was led by Jenson Funding Partners to support technology development and marketing efforts.
"The industry has always been weighted against creators, giving control and rights of their work to other stakeholders. SphereTrax’s creator-first model guarantees fairness and equal opportunities, no matter where you are or how large your following is. Not only this, but quality is at the forefront of our vision with Dolby Atmos as standard – this truly sets us apart from other platforms. For artists, our platform can be used to directly connect with some of the entertainment industry’s top professionals, helping them to effectively and simply monetise their work. For industry professionals, the search engine feature means that there is a huge breadth of talent at their fingertips. The funding will enable SphereTrax to serve both sides of the entertainment industry fairly, and create more opportunities for artists."
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