Plug and Play operates an innovation platform and startup accelerator connecting corporations with venture opportunities globally. The organisation has backed hundreds of successful companies through its in-house investment vehicles.
The London-based startup has raised capital to accelerate product development and expand its engineering and design teams.
"People want information that is structured, visual, and interactive – yet AI interfaces went straight back to walls of text, at the cost of human experience"
The capital injection will accelerate the silicon roadmap for minimally invasive neural implant applications.
"Our semiconductor-based approach is fundamentally reshaping what neural implants can achieve. By offering a customisable, compact solution that integrates seamlessly into medical devices, we’re empowering a new era of neural interfaces that are not only more powerful but also less invasive. This marks a transformative shift in neurological care."
The seed round was led by HV Capital with participation from Dutch Founders Fund, AlbionVC, FFVC, and other backers.
"Lenders are really just at the start of the digitalisation journey. kennek is here to help accelerate that journey and provide them with the tools to capitalise on the growth of the non-bank lending space."
Octopus Ventures led the seed round to support international expansion and product development.
"There’s a huge commercial opportunity for businesses that demonstrate strong sustainability credentials but for most, it’s extremely difficult to achieve. Minimum is a game-changer because it embeds real-time emissions tracking directly into the business itself, and businesses can neutralize the emissions they are actually accountable for, rather than an arbitrary amount. Not only can this help them make their operations carbon neutral by default, but armed with an understanding of their carbon impact companies can provide much-needed carbon transparency to their customers and are better equipped to continuously improve the sustainability of their processes."