The Series A round was led by Octopus Ventures, Oxford Science Enterprises, Quantonation, and Verve Ventures.
"Light has a huge part to play in the future of quantum computing as an effective, scalable resource. Our mission is to put photonic systems in the hands of users today so that we deliver value in the short as well as long term,"
The Series A round will fund the continued development of the company platform for hard-to-drug targets.
"We are advancing this technology and its application to the hit discovery, hit-to-lead and lead optimization processes of small molecule drug discovery."
Octopus Ventures led the Series A round to support machine learning research and language expansion.
"People retain up to 70% more information when watching videos dubbed in their native language. With truly emotive cross-lingual AI dubbing, we can tackle all forms of content, making video and audio more accessible and enjoyable for everyone. This funding will allow us to double down on our promising research and break into new content categories."
Equitix led the financing alongside a debt facility from Santander to support regional infrastructure expansion.
"We are looking forward to investing in and developing Freedom Fibre's network roll-out. We believe Freedom Fibre is a strong business, operating in an essential infrastructure sector that has a critical role in providing connectivity for both the people and the economy of the North West. This sizeable investment further enhances Equitix's network infrastructure that distributes essential utilities to over 6.3 million customers across the UK and Europe. Freedom Fibre's network roll-out will continue our strategic aims to provide local communities with affordable, high-quality essential infrastructure."
The financing round was led by Credo Capital Partners and Fortress Investment Group to support the expansion of the digital lender across Europe.
"Demand for eCommerce lending has expanded in Europe. We wanted to make an investment in a platform that was moving the product forward and combined all of the great technology and analytics you expect with a really differentiated product and approach,"