Accel led the Series B round to support platform development and go-to-market expansion.
"GenAI has pushed the boundaries of what’s possible with design, but for creative professionals working at the break-neck speed of today, velocity means little without quality and control. Recraft was built with one core idea: AI should amplify creativity, not compromise it. With this funding, we’re doubling down on our commitment to creative teams, providing the tools they need to stay on-brand and scale quickly."
"Having gone through it myself, I know just how tedious and time-consuming it can be to manage the logistical side of onboarding and offboarding employees. Back when I was Head of IT Operations at Revolut, my team and I spent a significant amount of time manually arranging equipment shipments for new hires. Tequipy’s mission is to make IT equipment management as simple and efficient as possible. Companies can quickly deliver gear to employees and retrieve it from anywhere in the world, cutting through chaos and unnecessary procedures, and allowing them to fully focus on growing their business."
The funding round was backed by investors including The FSE Group, Oxford Innovation Finance, Syndicate Rooms and Cambridge Angels.
"The biodiversity collapse is one of the top global risks identified by the World Economic Forum, with over half of the world’s GDP relying on nature. Our technology addresses the urgent need for accurate, scalable, and unbiased biodiversity monitoring around the world. This investment will enable us to enhance our platform and expand our reach, helping industries and government bodies make informed decisions backed by solid data."
The private investment will support the company as it scales its privacy-first meeting management tools internationally.
"The challenge of balancing productivity with privacy has never been greater, especially for professionals in law, government, and accounting. Ulla was created to give these professionals the power of cutting-edge AI while ensuring their most sensitive data remains under their control. Unlike traditional AI solutions, which rely on third-party services, Ulla processes everything locally, empowering users to confidently manage their meeting data without compromising security. Our mission is simple — to provide a privacy-first solution that not only enhances operational efficiency but also ensures complete data confidentiality at every step."
