£5.3M
The seed round was led by Headline with backing from Form Ventures, Speedinvest, FJLabs, and others to fund team expansion and product development.

Speedinvest is a venture capital investor that backs early-stage technology companies.
The seed round was led by Headline with backing from Form Ventures, Speedinvest, FJLabs, and others to fund team expansion and product development.
Ahren and Speedinvest co-led the seed round to help the data collaboration platform expand its engineering and design teams.
"Where traditionally the legal process behind sharing raw data between parties can take months or even years, Bitfount’s secure network instead allows algorithms to travel to datasets rather than the other way around, which means there needn’t be any disclosure of sensitive information. This new paradigm unlocks opportunities for both analysis and machine learning that were previously impossible – either because they required sharing of sensitive raw data, or because the contractual agreements were prohibitively complex."
The London startup has raised £5.2m from backers including Gradient Ventures and Speedinvest to accelerate product development and team expansion.
The financing round was co-led by Speedinvest and firstminute capital to help double the startup engineering team.
"In one case, a machine learning engineer used Tenyks to identify the root causes of 80% of their algorithm’s failures. These findings helped them deliver higher quality results to their customers because of the significantly improved system performance. Moreover, future new deployments can be onboarded in half the time because the engineers can now focus their efforts on alleviating the key bottlenecks,"
Ameba Capital led the Series A financing to support international expansion and volume manufacturing of micro-LED displays.
"We have delivered the world’s first InGaN-based red micro-LEDs and displays and have set up production of our first products – shipping to some of the biggest global names in display technology."