The London-based predictive intelligence startup secured the capital from backers including SFC Capital, NCA, Logo VC, and StartersHub to fund expansion in the UK and Germany.
"Quin’s fast traction in building the technology is backed and validated by strong brands like Kingfisher’s subsidiary, Under Armour, and Decathlon as customers. Our investment into Quin AI shows our commitment to support scalable, hands-on solutions that drive direct revenue uplifts in the field of e-commerce. We as NCA are convinced by the huge market opportunity, the innovative product approach, and the superior founding team."
The pre-seed round was led by the Development Bank of Wales to support team expansion and platform development.
"Our platform captures accurate, intelligent, real-time insights into the movement of people and vehicles – without infringing on individual privacy – to enable better, more efficient traffic management, place-making and urban planning across towns and cities globally. From reducing wait times at traffic lights and easing congestion for emergency services access, to improving customer experiences at stadiums and retail outlets, the application of accurate and anonymous movement insights has universal potential."
The Sheffield-based industrial IoT startup has raised £1m from backers including North Invest and SFC Capital.
"We knew FourJaw had created a game-changing technology that would break through the sector’s scepticism surrounding Industry 4.0. Their data-driven technology is right for its time, helping drive a manufacturing renaissance for post-Brexit, post-COVID Britain where productivity and competitiveness are essential to the economy,"
SFC Capital backed the pre-seed round to help advance the company's know your network platform.
"Financial crime is becoming increasingly sophisticated and difficult to fight. The work Schwarzthal Tech is doing is already helping tackle financial crime and we are proud to be a partner on their journey. Marius-Cristian’s vast knowledge on the subject and incredible experience in financial crime research puts the company a step ahead of others in the sector: he already knows what needs to be done."