ICONIQ Growth led the Series C financing, which values the artificial intelligence company at $3bn.

Credo
Venture CapitalCredo Ventures is a Czech early-stage venture capital firm that invests in technology companies.
Portfolio
4
companies
By category
- AI/ML£214M
- FinTech£8.1M
By location
- London£213M
- Edinburgh£9.7M
Portfolio companies

Continuum Industries
Continuum Industries develops artificial intelligence software for faster energy infrastructure planning.
ElevenLabs
ElevenLabs builds artificial intelligence voice and audio generation technology for creators and enterprises.
Fiat Republic
Fiat Republic provides banking as a service infrastructure connecting traditional finance with web3 platforms.
GoodVision
GoodVision builds artificial intelligence software for traffic analytics and smart cities.
Team

Recent investments
The financing round featured participation from Kraken Ventures, Fabric Ventures, and Arca.
"This investment underscores the confidence our investors have in Fiat Republic’s vision and the future trajectory of the company in the financial space. With our newly acquired Dutch EMI licence, Fiat Republic will now operate across the entire European Union, providing e-money and payment services. Passporting from the reputable and credible jurisdiction of the Netherlands not only boosts our legitimacy in the traditional finance world but also highlights our commitment to high compliance standards, security, and close collaboration with regulators. This move, to me, also signals that the Netherlands is open for business ahead of the upcoming MiCA regulation."
Continuum Industries secures £8.2m Series A funding led by Singular to accelerate energy infrastructure planning

Singular led the Series A investment alongside existing backers Credo, Playfair, and Techstart Ventures to fund team expansion and international growth.
"If we are going to deliver the energy transition required in time to meet global climate goals, we need to completely rethink worldwide energy infrastructure – transforming what we have, but also building considerably more, and doing so at an unprecedented pace. The best way to do that is to work smarter, not harder – as highlighted by the UK Electricity Networks Commissioner, automated infrastructure planning processes, such as those that we provide, have a big part to play. But the impact of technology needn’t be limited to the planning stage – we’re excited to bring its transformative power to developers throughout the development process as we continue to grow with this new funding."
The round was led by Credo Ventures with backing from Concept Ventures and angel investors.
"The platform we’re launching now is all about turning text into top-quality spoken audio. We want to let people enjoy their favorite book or newsletter by giving a voice to all the authors, creators and developers who couldn’t afford one"
The funding round was led by Lead Ventures with participation from Credo Ventures and Sofia Angels Ventures.
"GoodVision provides a first-of-its-kind software platform that enables what transportation specialists could not have managed before. In the past, traffic data collection was done manually by humans on the road or single-purpose sensors, and transport analytics was done with pen and paper. GoodVision is the place where all related parties can work together on their projects and have most of their work tasks automated. That in turn helps them save time which they can dedicate to more relevant assignments."

