The seed round was led by Pi Labs with backing from Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler, and angel investors.
"Our mission is to help waste management companies sort their waste more effectively and maximise recovery of recyclable materials through aiding Materials Recovery Facilities (MRFs) and Plastic Recovery Facilities (PRFs) in improving their workforce efficiency. We use AI to augment and better enable human pickers, and our UK pilots show increased revenue and performance as well as reduced costs through using Sorted’s technology."
Aviva Ventures led the seed financing round for the London-based healthtech firm, with participation from Ascension, Oxford Capital, and Cur8 Capital.
"So far, we’ve been driven by a singular mission to unlock and simplify access to everything you need to live a healthier life, which requires a shift in how health and well-being services are provided and paid for, and means putting the user in the driver seat and giving them more control. By creating an integrated network of health providers and payers, we can improve access to personalised health services, particularly in traditionally underfunded and underserved areas, such as early diagnosis, women’s health, mental health and neurodiversity."
The oversubscribed funding round was completed in 48 hours by existing backers.
"We only needed to do a small round as we are rapidly heading towards profitability but wanted to feel comfortable bringing forward our hiring plan in light of the exceptional revenue growth. We are incredibly fortunate to have such supportive shareholders from our ClickIQ days, which allowed us to complete the round very quickly and not be distracted with time out of the business spent raising monies"
The Birmingham mobility company raised the capital to complete product development and begin manufacturing.
"Centaur Robotics is at the forefront of revolutionising mobility solutions for wheelchair users. This investment marks a significant milestone in their journey, allowing them to bring their innovative self-balancing electric wheelchair to production."
