£7.0M
The Cambridge deeptech startup raised £7m led by Iona Star Capital to expand its team and target one million hours of gameplay data.
"We decided to stay still for a little bit."
IS
Iona Star
Venture CapitalPortfolio
2
companies
Investment by month
By category
- AI/ML£37.0M
By location
- London£30.0M
- Cambridge£7.0M
Portfolio companies
Hyperlayer
Hyperlayer provides modular financial technology that enables institutions to launch new products without replacing core systems.
W
Worldmodeldata
Worldmodeldata builds artificial intelligence training data libraries sourced from video games.
Team
GB
Gerry Buggy
Co-founder
Recent investments
£30.0M
The funding round was led by CDAM with participation from Mouro Capital, Iona Star, Flintlock Capital, and Susquehanna Private Equity Investments.
"We’re excited to be partnering with such an experienced group of investors with deep expertise in the fintech space. This funding underlines the demand we’re seeing for our breakthrough tech which cuts time-to-launch, costs, and risk for banks and other businesses looking to innovate. The next 18 months will see us scaling rapidly with new solutions in retail and commercial banking, loyalty and rewards, wealth and asset management, and reg-tech markets worldwide."