Malted AI secures £6m in seed funding led by Hoxton Ventures to scale its language model technology.

Hoxton Ventures led the seed round for the Scottish artificial intelligence firm.
"There is no better place in Europe to build an AI business"

Creator Fund backs PhD and academic founders from the early stages of development.
Portfolio
7
companies

Malted AI
Malted AI develops compact language models to solve complex enterprise problems.
Stanhope AI
Stanhope AI applies neuroscience research to build autonomous agentic AI models for real-world decision making.
Didimi
Digital twins and information management platform for the construction industry.
Signaloid
Signaloid offers a computing platform that tracks real-time data uncertainty for autonomous decisions.

Recycleye
Recycleye develops artificial intelligence and robotics to automate waste sorting.
Touchlab
Touchlab develops electronic skin to give robots the sense of touch.
Net AI
Net AI uses artificial intelligence and cloud computing to provide real-time demand insights for 5G network providers.
Jamie Macfarlane
Founder and CEO

Hoxton Ventures led the seed round for the Scottish artificial intelligence firm.
"There is no better place in Europe to build an AI business"

The seed round was led by UCL Technology Fund to support the development and practical application of the company technology.
"Our mission at Stanhope AI is to bridge the gap between neuroscience and artificial intelligence, creating a new generation of AI systems that can think, adapt, and decide like humans. We believe this technology will transform the capabilities of AI and robotics and make them more impactful in real-world scenarios. We trust the math and we’re delighted to have the backing of investors like UCL Technology Fund who deeply understand the science behind this technology and their support will be significant on our journey to revolutionise AI technology."
The pre-seed round was led by Creator Fund and will support the development of B2B construction information management products.
"Our mission at Didimi is to transform the way information is exchanged and managed across construction stakeholders. When architects and engineers exchange models in the current format, huge information loss occurs due to the fundamental interoperability problems in the industry, leading to time waste and mistakes. The Didimi platform is our ambitious answer to this problem. We are extremely grateful to have found the right investors that can back us in this vision and help us change these antiquated practices in the industry."
The seed round was led by IQ Capital with participation from Type One and Creator Fund.
"We are excited about the opportunity which the investment will provide for Signaloid to accelerate the adoption of our platform. The investment will allow us to further strengthen the team in strategic areas and to scale the number of use cases of our platform, from the hundreds of signed-up users we have on our developer platform today, to a larger number of production deployments of our cloud-based and edge-hardware compute engine, by our customers."
DCVC led the Series A round to support the scale up of artificial intelligence waste sorting systems.
"At FCC, we believe in being forward-thinking, so investing in the latest waste sorting technology was an obvious choice. Recycleye Robotics is delivering the consistent purity in sorted material and reliable data that we need to run an effective facility"
Octopus Ventures leads a £3.5m seed round in Touchlab to advance robotic electronic skin technology.
"Touch is the final frontier for robot interaction and entry into physical environments – enabling true dexterity and safety. We have taken on this challenge by developing a ‘full-stack’ solution; retrofittable e-skin that gathers the data, software to make sense of it, and integration to ensure it works in demanding applications – from grocery grasping to telerobotics in extreme environments. Octopus’ expertise propel us to achieve e-skin’s full potential and create a step-change in robotics."
Techstart Ventures led the pre-seed round, which will fund team expansion and product development.
"We live in a world with an insatiable appetite for data"

The seed round was led by Promus Ventures with participation from existing investors including Playfair Capital and MMC Ventures.
"Waste is not recycled when the cost of recycling exceeds the value of the sorted material. By lowering the cost of recycling with artificial intelligence and robotics, we’re breaking this threshold and building a world where our removal chains are fully integrated back into our supply chains"


The seed round was led by MMC Ventures and Playfair Capital, with participation from Atypical Ventures, Creator Fund, and eolos.
"As deep technology investors, we were impressed by Recycleye’s AI-led computer vision solution to this growing global problem. Yet it is what Victor and Peter have achieved, working fast and lean, in just a year since inception that gives us confidence that they can truly transform the recycling industry with their technology"
