IP Group is a London-listed science investor and the biggest shareholder in Oxford Nanopore.
The oversubscribed round was anchored by IP Group, Parkwalk Advisors, and AlbionVC.
"There is a massive market opportunity for start-ups that figure out how to harness the potential of AI to transform how software gets built, tested, and deployed. Our investment in the company reflects our belief in its potential to be an important player in the next generation of AI-powered software development tools."
The funding round was led by Mercia Ventures with backing from IP Group and Panakès Partners.
"We have been overwhelmed with the positive feedback we received from surgeons during the development of the IonPencil. As they have been reluctant to adopt the current systems, we believe our device will greatly improve compliance with new legislation."
Parkwalk led the Series B financing round to support the company in scaling its connectivity technology globally.
"From LEO satellite to terrestrial 5G deployments, the challenges of how to maximize the performance of the network, and in particular efficient use of energy and radio spectrum, are universal. Over the past few years, AccelerComm has continually demonstrated its position at the forefront of this technology, working with mobile operators, telecoms equipment vendors and the satellite industry to help supercharge communications. We’re thrilled to receive this backing from a range of industry-leading investors combined with the continued backing ongoing support of our existing shareholders and look forward to the company’s continued rapid growth and innovative development."
The Series A round was led by IP Group and Pentech Ventures.
"If something doesn’t change soon, the free and open web as we know it will cease to exist,"
The funding round was led by Octopus Ventures with backing from IP Group and the UCL Technology Fund.
"We believe RRAM has the potential to become the backbone for the next generation of edge and IoT computers at a time when data hungry intelligent applications are becoming more and more prevalent"
