Plural led the Series A follow-on round to help the company scale its precision medicine platform and expand globally.
"Precision medicine is transforming how we think about and approach healthcare, and clinical trials are the bedrock of precision drug development. In the past 12 months, we’ve scaled up our capacity to hold three times more trials than the year before and launched our first programme supporting families affected by ALS. I’m so pleased with everything the team has achieved so far and this new funding will help us to integrate LLMs and other AI tools to drive more productivity. This will help us continue our growth trajectory, particularly with the help of visionary investors like Carina Namih, who supported our seed round and is now supporting us again at Plural."
The financing round featured participation from Kraken Ventures, Fabric Ventures, and Arca.
"This investment underscores the confidence our investors have in Fiat Republic’s vision and the future trajectory of the company in the financial space. With our newly acquired Dutch EMI licence, Fiat Republic will now operate across the entire European Union, providing e-money and payment services. Passporting from the reputable and credible jurisdiction of the Netherlands not only boosts our legitimacy in the traditional finance world but also highlights our commitment to high compliance standards, security, and close collaboration with regulators. This move, to me, also signals that the Netherlands is open for business ahead of the upcoming MiCA regulation."
The seed round was led by Accel with participation from several prominent institutional funds and angel investors.
"The vast majority of marketers’ time is spent on work other than copy generation, so we see significant potential in augmenting and automating these tasks. To do this, we’ve combined the latest AI technologies (retrieval augmented generation, autonomous agents and multi-modal models) to chain together workflows that capture more of marketers’ repetitive activities, giving them time back to focus on higher impact tasks. We’re excited to continue on this mission with this new investment round and having the Accel team join us on this journey."
Mercia Ventures led the Series A round to support product development and industry partnerships.
"Risk Ledger provides us with a more holistic, real time view of our complex supply chain, helping to identify and remediate potential vulnerabilities and issues early."
— David Malkin, former Divisional Information Security Officer at the UK Health Security Agency
The London software firm has secured backing from IQ Capital and Nikon to expand its automated manufacturing platform globally.
"Despite its clear economic and environmental benefits, manufacturers have difficulty implementing additive manufacturing at an industrial scale. This is due to concerns about its reliability and ease of adoption. We believe that automation and smart use of data is the solution to this problem. By partnering with Nikon as a leading technology provider who has a grand vision for the future of manufacturing, and IQ Capital as a deep-tech investor with proven track record of supporting global businesses, we are well positioned to achieve our goal for automating the factories of the future."
