Octopus Ventures leads a £3.5m seed round in Touchlab to advance robotic electronic skin technology.
"Touch is the final frontier for robot interaction and entry into physical environments – enabling true dexterity and safety. We have taken on this challenge by developing a ‘full-stack’ solution; retrofittable e-skin that gathers the data, software to make sense of it, and integration to ensure it works in demanding applications – from grocery grasping to telerobotics in extreme environments. Octopus’ expertise propel us to achieve e-skin’s full potential and create a step-change in robotics."
The investment round was led by Octopus Ventures with participation from multiple returning and strategic backers.
"Automata’s robotic capabilities are truly the first of its kind and the company has combined this with deep expertise in automation and a highly effective business model which has created a leading-edge over competitors. Automata Labs accelerates human ingenuity, empowering labs, and scientists, to achieve consistent results faster, on a greater scale, and to ultimately upscale their ambitions. We are delighted to have led this financing round as Automata represented exactly the type of highly innovative company we invest in and support. We are excited for Automata’s next steps, both within the life sciences industry, and beyond."
The funding round was led by Prime Ventures with participation from Octopus Ventures and Hannover Digital Investments.
"We are thrilled to have our new investors on board. The Vitesse team have built an incredibly strong and highly regulated platform, supported by our own global payment network and treasury capability, and we have successfully shown the value of these assets to our fast-expanding customer base. We have strong ambitions to grow and to continue our success with a strong focus on the insurance market."
Octopus Ventures backed the HR tech firm in a growth round to fund global expansion.
"I am delighted to continue our journey with Octopus Ventures which from the outset, shared our vision to help customers digitise and make fairer, more effective decisions about talent."
Octopus Ventures backed the London-based talent assessment software provider in a Series A round.
"I am delighted to continue our journey with Octopus Ventures which from the outset, shared our vision to help customers digitise and make fairer, more effective decisions about talent. At a time when organisations are facing significant talent challenges, whether that’s COVID, skills shortages, the impact of technology on jobs or upskilling the workforce, it’s clear that legacy approaches are no longer fit for purpose. Our enterprise assessment platform helps customers make better decisions about talent without compromising fairness, efficiency or candidate experience."
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