Peter brings life sciences investment and consulting experience, having previously served as an Investment Director at Martlet Capital and an Entrepreneur in Residence at Cambridge Enterprise.
Speedinvest led the equity portion of the financing alongside grant backing from Innovate UK.
"Critical to XR’s mass adoption is enabling users to interact with virtual images for as long as they like, without feeling nauseous, and to seamlessly shift focus between physical and virtual environments. Our technology, compatible with LCD, OLED, or any type of display, makes that possible. By projecting a digital image onto a user’s retina, keeps the image in focus regardless of how the eyes adjust to the surrounding world, completely eliminating any discomfort. After more than a decade of research, we’re now ready to take our technology to market, unleashing possibilities across automotive, medical, engineering industries, and more."
The pre-Series A round and Innovate UK grant will fund federated learning development and platform scaling.
"Critical Infrastructure is a multi-trillion dollar industry. Across Energy, Utilities and Telecoms – on-device Federated Learning has the potential to improve performance, reduce failures, enhance security and lead to more efficient, more sustainable services. The OctaiPipe team has already demonstrated significant customer traction and we are delighted to support them as they scale to address this important market."
The funding round was led by The Yield Lab, STIHL Ventures, and ACF Investors to drive global product growth.
"The Spotta platform built by Robert, Neil and the team delivers a real solution which can completely turn the insect pest control industry on its head. With their smart 24/7 monitoring enabling customers to precision target treatment for the first time. It’s a solution that protects people and crops but also hugely reduces the cost and environmental impact of treatment."
The pre-series A round was led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital.
"Large-scale, fault-tolerant quantum computing will bring about the technological revolution of our generation. We have built an exceptional team dedicated to the mission of building the quantum networking infrastructure necessary to make this a reality. We are grateful to the investors who share our vision for their support as we scale and commercialise our solution."
The investment round was led by Cambridge Enterprise with backing from a range of existing and new institutional and angel investors.
"I have been extremely impressed by the insights, data and detail we have gained from this cutting-edge technology. Furthermore, the responsiveness of all the RoboK team – from their CEO to engineers – to find rapid, practical, and innovative solutions has been superb. There are clearly huge opportunities for all UK ports to collaborate and benefit from what we have learned; without question we now run a safer operation thanks to RoboK’s technology and expertise"