Portfolio
3
companies
Diffblue
Diffblue provides autonomous generative artificial intelligence software that automates unit test generation for developers.
Mind Foundry
Mind Foundry develops artificial intelligence platforms designed to help organisations make better operational decisions.
Zegami
Zegami provides visual data exploration software that helps businesses unlock insights from complex datasets.
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."
AlbionVC led the investment round with participation from IP Group, Parkwalk, Hostplus, and Oxford Technology and Innovations EIS Fund.
"Citi Markets uses its deep software expertise to move faster and be more competitive. We find value in Diffblue’s auto-generation of test cases, which helps drive test consistency and coverage of our software. This frees up developers to focus on delivering higher quality software, faster – and improves our developers’ experience,"
The University of Oxford spinout secured £10.4m from backers including Parkwalk Advisors and Oxford Sciences Innovation to expand its presence in the insurance sector.
"There are some technologies that can change a small part of the insurance value chain, but there are no technology companies that can help insurers transform the entire insurance operation. Therefore, we had been seeking a reliable partner with first-class technology in order to jointly develop such solutions across the insurance value chain."
The financing round was led by RT Capital Management alongside the Oxford Technology and Innovations EIS Fund.
"Over the last few years Zegami has been developing a cutting edge Visual Data Exploration platform to democratise data analytics, enabling people to make sense of the tsunami of data available today."