The funding round was led by Planet A with participation from several institutional investors and angels.
"AUAR is building a global, automated construction ecosystem for sustainable, affordable, and beautiful homes at scale, designed to plug into the way builders already work. By enabling the industry to build together, powered by robotics and artificial intelligence, we’re not just offering a new tool – we’re unlocking new possibilities for how homebuilders can grow, innovate, and deliver at scale."
The investment follows the recent launch of a more powerful version of the company cybersecurity platform.
"Mercia has in-depth experience in the cybersecurity sector, and we are proud to have played a key role in the success of Melius CyberSafe. Traditional cybersecurity is beyond the reach of many small firms due to the high cost but CyberSafe helps to solve this problem by automating key processes. With businesses under attack from criminal gangs and hostile states, the need for it is arguably greater than ever."
Expedition Growth Capital led the Series A round, which will support global expansion and product development.
"We founded ThreatSpike having witnessed first-hand that achieving high quality cybersecurity protection is far too complex and costly. In a market full of three-letter acronym products and aggressive upselling, we take a different approach which puts customer security at the core. We are proud to combine world-class technology and expert support into one transparent, flexible solution that delivers true protection without the complexity or hidden costs. With this investment from Expedition, we have gained an aligned partner with deep expertise and resources to support our continued growth journey."
The super angel round was led by Claire Nooriala, Amir Nooriala, and Simon Murdoch.
"Tom assumed Amy would do all the talking. But she froze. That’s when it hit him — language apps weren’t preparing people for real conversations. Unless you’re an academic, speaking is the goal. So, being a good boyfriend and an AI enthusiast, he built a tool for Amy to practise her French using conversational AI. It completely changed the game for her."
Northern Gritstone and Mercuri co-led the pre-seed round to help the Newcastle-based artificial intelligence firm commercialise its technology.
"We’re at a pivotal moment for AI with adoption continuing to accelerate alongside sustainability and cost concerns. Our logic-based AI offers a new solution for those that want and need high-performing AI that is faster, more energy efficient and more explainable than what’s currently available via neural networks. This funding comes at a time when we’re ready to significantly speed up our product development and will enable us to bring our first product to market later this year."