The artificial intelligence data analytics business has secured an undisclosed amount of post-angel equity to expand its team and develop new products.
"Galytix has been strongly supported by its early investors who have brought their considerable experience to develop the company. We are delighted to welcome our new board members and investors who will help to propel the company to the next stage of growth. We thank our advisors PwC and Temple Bright."
The funding round combines private backing led by Little Venice Partners with support from the UK Government Future Fund.
"The funding will allow us to help more early stage businesses who find themselves in challenging times and need to revise their plans due to the crisis"
The London based law tech start up has raised £488k from new and existing angel investors to scale its team and technology.
"We are incredibly pleased to have raised almost £500k from a fantastic group of Angel investors who believe in our mission of changing the way the world divorces. There is no doubt there is public appetite for a new way of managing divorce and separation and amicable offers exactly this."
Maven and Seneca Partners have backed Bright Network in a £3.5m Series A round to support technology development and commercial expansion.
"We are pleased to lead the fundraising and further cement our relationship with this dynamic, mission-led business. We believe that it is vital not only to support growth businesses in the short term, during the current uncertain economic climate, but also to set them up for long-term growth and expansion. Bright Network is led by a highly driven team, which has produced impressive results to date and we look forward to working with them as the business continues its growth. The team has built an innovative platform in the fast-growing graduate recruitment marketplace and already has strong relationships with a number of leading global employers."
The Series A round was led by Octopus Ventures with participation from Hoxton Ventures and angel investors.
"We are delighted to be working with Octopus Ventures to continue our growth path. The endorsement of one of Europe’s leading VCs provides hugely valued market validation to the work Vitesse has done and continues to do. Their crucial support will help us to keep drivingcompany expansion and continue to transform the payments market."