Gliff secures £375k seed investment from Northstar Ventures to expand its team
Northstar Ventures backed the Durham technology firm with capital from regional innovation funds.
Gliff develops artificial intelligence tools designed for healthcare and life science applications. The Durham based firm specialises in medical image analysis and data curation.
Durham based artificial intelligence developer Gliff has secured £375k in seed funding to expand its technical team. The capital was provided by Northstar Ventures, drawing from the North East Innovation Fund and the newly established Northern Accelerator Seed Investment Fund. The business plans to use the resources to grow its headcount as it expands further into advanced data science and biomedical image analysis.
From the founder
"We are absolutely delighted that our Durham company can continue to grow at the global leading edge of technology innovation. The world is becoming more and more reliant upon artificial intelligence. AI is only as good as the data that is used to create it. Our products will make AI safer and easier to use."
Bill Shepherd
CEO at gliff.ai
Investor perspective
"We’ve been impressed by the team and the vision since their launch in 2018 and are pleased to continue to support their exciting growth with more investment from the North East Investment Fund and NASIF. The NASIF is aimed at showcasing and supporting the high quality companies spun out of North East universities and gliff.ai is a brilliant example of how innovative spin outs can expand globally while based here and providing quality jobs in the North East."
Rick Charnley
Investment Manager, Northstar Ventures
Use of funds
- 01Grow the team
