£1.2M
MMC Ventures leads the investment round as the company appoints a new Chief Science Officer.
"Marketers are increasingly thinking about how AI can be leveraged to improve operations and boost revenue,"

MMC is a venture capital firm with a consumer technology portfolio including Gousto and Bloom & Wild.
MMC Ventures leads the investment round as the company appoints a new Chief Science Officer.
"Marketers are increasingly thinking about how AI can be leveraged to improve operations and boost revenue,"
The Series A round was co-led by MMC and Hearst Ventures with participation from Frontline Ventures, Reed Elsevier Ventures, and Local Globe.
"Signal is one of the most promising companies in UK tech, and David and Miguel’s drive and vision has attracted some of the top AI talent in Europe. The company has grown incredibly quickly by solving real business problems using cutting-edge technology. Its impressive list of clients demonstrates the value of Signal’s product and we think the team can build the next big global information business."
The funding package comprises equity from MMC Ventures and debt from Clydesdale & Yorkshire Bank.
"One of the key reasons our customers opt to deploy the Invenias platform is because of our strategy of continuous innovation. We have seen tremendous demand for our software in the North American market in the last 12 months, with prestigious firms such as ON Partners in Boston, The Toft Group in San Diego and Conroy Ross Partners across Canada, all choosing to run their business on Invenias. This funding package will enable us to meet our growth ambitions as it will empower us to invest in our platform, our infrastructure and scale with our customers."
Bristow Group and MMC Ventures have backed drone inspection provider Sky-Futures in a $5.7m investment round.
"This partnership between Bristow and Sky-Futures enables us to rapidly expand the operational delivery of drone-based inspection services in the global oil and gas market. We’re really excited because it allows us to enhance our advanced technology platform that powers industrial data capture and analysis, providing our clients with increasingly valuable and actionable information. We’re working on automating the entire analysis process using algorithms to provide a high degree of confidence to engineers. This will enable more efficient operations, planning and maintenance of the infrastructure."

The funding round was led by Lepe Partners with strategic participation from transport and payment leaders.
"Our mission is to transform everyday transport for millions of people in cities world-wide. The combination of Masabi, MasterCard and Keolis represents three companies working at the forefront of their respective fields to develop and deploy products, making this a reality,"