Innovate UK is a government-backed agency supporting business-led innovation across the United Kingdom.
The pre-seed round was led by Innovate UK and Founders Factory with backing from global angel investors.
"Umazi is a fantastic example of the kind of regtech innovation needed to transform an all too unglamorous but vital function – corporate due diligence. As a partner, we’re delighted to be trialling Umazi’s technology, and early indications show it will help make our own supplier onboarding process much more efficient."
The Northumberland agricultural technology firm raised the funds from Innovate UK, local grants, and angel investors.
"The rural economy is at the very heart of all we do. Our team live and work in rural Northumberland. We understand the issues facing our people and place and have developed our technology to ensure we can effectively take on challenges from soil quality to better land management and food security."
The Blackpool start-up combined private match-funding with an Innovate UK grant.
"I sought investment to continue building the first ever Blockchain, AI-based Digital supply chain for spare parts, providing effective logistical management, faster delivery time and a reduced carbon footprint."
The round was backed by Chasnay Capital Partners alongside existing investors, retail investors, and Innovate UK.
"My north star is who I work with, and the level of enthusiasm, passion and desire to do great things at SleepCogni is outstanding. SleepCogni is a great example of hardware and software working together to have a truly life changing impact on patients."
The funding round was led by Faber with participation from Ganexa Capital and Innovate UK.
"As it stands, the management of long-term health conditions is an inefficient process for patients and their GP practice. It involves multiple appointments, duplication of tests, and tons of admin. It doesn’t deliver the best for patients and also wastes valuable NHS time and resources. Abtrace is working at the interface of AI and healthcare to transform this."
