The oversubscribed round was co-led by Dorilton Ventures and Molten Ventures to support headcount growth.
"Our vision is to create a world in which humans can trust machines with the greatest challenges in the economy, society, and healthcare. Our customers are seeing transformative results with our no-code platform and we now have the resources to bring our platform to everyone."
Alpha Intelligence Capital and CDIB led the Series B financing alongside participants including BioNTech, Google, and Deutsche Bahn.
"This funding round is a tremendous vote of confidence from our partners BioNTech, Google and Deutsche Bahn after working closely with us on innovative, high-impact AI initiatives"
The round was led by The Untitled Ventures with backing from several other investors.
"Our new venture seed fund seeks to select only deeptech projects that are globally oriented and combine original proprietary technologies with specific industry applications in emerging markets and a clear monetization model that allows a startup to earn and create opportunities for a quite measurable increase in efficiency for clients in comparison to their traditional way of doing business"
SFC Capital has backed the London startup to expand its visual application development software.
"We’re excited to be partnering with such a renowned institution as SFC Capital in our efforts to make app development accessible to everyone. The day when my non-technical mum can design and launch her own tech startup without a technical co-founder is coming and this helps put us one step closer to that"
Highland Europe led the round with participation from abrdn, Redline Capital, MMC, Hearst and GMG Ventures.
"Our vision at Signal AI is to transform business decision making through augmented intelligence. We are thrilled to have Highland Europe and abrdn join us in this latest round and appreciate the continued belief and support of our existing investors. The investment will allow us to continue to attract the best in class ML and AI product engineering talent, to scale our AIQ platform, grow our international hubs and advance the use of our decision augmentation solution with some of the world’s biggest companies."