The seed round was led by Sure Valley Ventures with participation from Ada Ventures, Heartfelt, and Atlas Ventures.
"At PHINXT, our mission is to revolutionise the logistics industry with our cloud-based platform that seamlessly integrates any type of robot, enabling them to collaborate and coordinate in a shared space without the need for a centralised server. Our robot-agnostic platform supports warehouses at every stage of their automation journey, providing unparalleled flexibility and efficiency. We aim to be the gateway for the logistics industry, facilitating the integration of these robots into operations and helping businesses achieve a rapid return on investment. By accommodating different types of robots, we ensure that warehouses can optimise various tasks, from picking to transportation, enhancing overall productivity."
Google for Startups and a syndicate of impact investors backed the round to help the firm deploy its conversational AI assistant for frontline workers.
"It's a really exciting time for us. We're absolutely thrilled to have the trust and backing of our investors to solve what is a major crisis – millions of people are not in the workforce or falling out of it entirely. We've seen high employee turnover, in some instances up to 300% and the demand for workers has never been greater. Our technology powers organisations to improve engagement of these individuals by deeply understanding their needs and enabling them to receive better support, resulting in more people accessing and sustaining work,"
The pre-seed round was supported by Ventures Together, Ada Ventures, Chasing Rainbows, and Little Green Bamboo Capital.
"Shame lives in silence and so does the lack of innovation. My mission is to empower people to have the sexual lives they want with the best long-term outcomes for their health. Because of stigma, anal health and pleasure have not benefited from the cutting-edge innovation available in the 21st century and there are still millions of people whose sexual experiences have been marginalised and who must use DIY solutions. Polari aims to change that."
The Manchester based fintech secured the capital from backers including scout funds from a16z, Atomico, and Ada Ventures.
"We’re humbled by the calibre of investors who have chosen to back us at this pivotal stage of the journey. It’ss a testament to the clear need for our solution in the market, with many of our investors intimately familiar with the value of opening up Lombard lending. We look forward to using this raise to propel our vision forward"
The London-based virtual reality training platform secured £1.1m from Unconventional Ventures to drive product development and new market expansion.
"2024 is a transformational moment for MOONHUB. In the past few years, we’ve worked towards this moment, to become the recognised leader in immersive training, working with global brands that want to support their teams’ development through the use of exciting new technologies."