Matt is a partner at Fly Ventures and a programme evaluator at the Advanced Research + Invention Agency, alongside experience coaching startups at Conception X and leading funding at Entrepreneur First.
The London-based industrial technology company secured funding from Plural and NVentures to scale its non-toxic cooling fluids and modular data centre infrastructure.
"When people imagine a better future, they think about physical things: technologies that give them more freedom, more time, more life. AI will get us there faster. Frontier AI gives us PhD-level expertise across every discipline, meaning small, agile teams can move from materials discovery to commercial hardware in a way that simply wasn't possible before, so what used to take a decade, we can now do in months."
Fly Ventures led the pre-seed round, which will fund product depth and pilot launches.
"Once memory becomes an input to workflows, automation, or system decisions, approximate recall is not enough. We think memory has to become structured, inspectable, and reliable by design."
The pre-seed round was led by Fly Ventures with participation from Octopus Ventures and Pact VC.
"These facilities are like WeWorks for servers. They’re procuring energy to power all of their tenants’ workloads, but they’re having to make their best guess at how these workloads will evolve over time."
The seed round was co-led by Fly Ventures and firstminute capital with participation from prominent angel investors.
"Current AI systems are great at generating code to complement a codebase, but they can’t reason about software as a complete system. Reasoning requires understanding and modelling the environment to ensure language models work reliably. We’re building something fundamentally different – an AI that understands not just how to write code, but how to turn the description of a user’s intent into reliable, production-ready solutions. Beyond the deep tech element to building such a system, we’re also reimagining how the right product experience should look like. In the private beta of our product CodeWords, we noticed how the users’ main role was shifting to more of a project manager or product owner."
Fly Ventures led the seed financing to help the telephony platform expand its conversation intelligence product.
"We spoke to 100+ customer support leaders and most managers listen to at most 10 calls per week. This means companies are losing valuable information about how they can improve their service and product."