Heartcore Capital is a European venture capital investment firm that backs technology companies building the future of travel and consumer experiences.
The financing will support international expansion and the development of broader product categories.
"The speed at which Nous is being adopted is a clear demonstration of its ability to save people huge amounts of money and time. We’re at the very beginning of a fundamental shift in consumer behaviour enabled by AI. UK households spend £1.7tn a year on things they pay for automatically and don’t have time to think about. We believe that over 50% of that will be managed by agents in the next 10 years,"
The oversubscribed round was led by Heartcore Capital with backing from Eka Ventures and angel investors.
"It was a delight to experience such overwhelming interest from investors enthusiastic about the future of flight-free travel when raising our Series A. I’m thrilled that in Heartcore and Eka we’ve found partners who believe in the joy of journey-based holidays and the potential of JourneyAI to change travel for the better,"
The funding follows backing from six investors, led by a £10.5m injection from the Scottish National Investment Bank.
"Orbex is one of only two space rocket manufacturers in the UK, and the only one to also operate its own spaceport. Our technology is pivotal in making the UK a hub for European orbital launch, and we are entering a critical phase of development. We are building a sustainable, cost-effective launch vehicle to compete with the best of Europe’s spaceflight manufacturers. This additional funding will support our goal to push on into an operational launch phase, and scale our business when the time comes."
