The funding round was led by Deloitte Ventures with backing from Techstars, ZAKA Ventures, and angel investors to support product development and team expansion.
"The knowledge gap around financial literacy, especially for younger generations, is a global problem that has deep societal implications. Prograd’s approach to this challenge offers meaningful benefits to both consumers and financial services."
— Louise Brett, Vice Chairman Deloitte UK and Head of UK Fintech
The seed round was co-led by Merus Capital and GoHub Ventures with backing from APX and Techstars.
"training latest deep learning models accurately on very small data sets, which any local, low-resource language usually suffers from, is a very challenging task because models are usually designed to perform well in English with terabytes of available text and speech data but not in languages with a few hundred megabytes of data."
The seed round was led by Merus Capital with participation from APX, Techstars, Verissimo, and angel investors.
"training latest deep learning models accurately on very small data sets, which any local, low-resource language usually suffers from, is a very challenging task because models are usually designed to perform well in English with terabytes of available text and speech data but not in languages with a few hundred megabytes of data."
Forward Partners led the seed round to help Sourcery expand its engineering capacity and improve code tools.
"our goal is to help developers in focusing all of their time and effort on creating incredible products and tools, without worrying about the quality of their code. This investment allows us to continue expanding the capabilities of what Sourcery can do, and help more developers around the world reach their full potential when coding"
The company raised the capital to expand its technology, team, and commercial footprint.
"We are delighted to have this group of investors onboard for the next stage of our journey. The success we have achieved to date is a real testament to the incredible tenacity and resilience of the team and our customers. Even through the most difficult times, they have been an absolute force of optimism and willpower. 2020 was a difficult year, but seeing how everyone responded was truly inspiring, and I can’t say how grateful I am to be on this journey with them all. Now, we are looking forward to helping ever more experience businesses thrive and grow together with us."
The pre-seed round was led by SFC Capital with backing from the Barclays Accelerator and angel investors.
"For many companies, this is the first time they have needed to prepare this information and they are operating at a disadvantage as compared to investors."
The seed round was led by Crane with participation from Seedcamp, Techstars and several prominent angel investors.
"Every SME who has ever dealt with large enterprises knows the pain and the time it takes to do even a simple thing like onboarding as a supplier, signing a contract, or getting paid on time. What they may not know is that that frustration is usually shared by the enterprise buyer, whose internal, one-size fits all process means they can’t move quickly."
The company has also joined the 2020 Techstars accelerator programme.
"We are so pleased to be a part of such a well respected and prestigious accelerator. Techstars 2020 marks the next stage in our development as we continue to see huge growth in our business and increased opportunity in the industry. We are looking forward to being able to continue to empower experience providers, delivering beautifully simple management solutions so they can focus on creating outstanding experiences."
The pre-seed round was led by Collab+Sesame with participation from Techstars London.
"I was a huge fan of Sesame Street as a child, and couldn't imagine a more perfect lead investor than Collab+Sesame, who share our values of kindness, communication, learning through play, and humour. We're looking forward to working closely with Sesame Workshop to help us develop Banjo Robinson into an even more valuable experience for children and families."
The seed round was backed by Techstars, 500 Startups, and multiple UAE-based investors to fund product development and international expansion.
"The challenges associated with startup law globally require a unique blend of legal and technological expertise. Our world-class team of lawyers and technologists will create a new customer experience for startup law, which will empower founders, de-risk investors and provide massive savings on legal fees."
Amadeus Capital Partners led the seed round with participation from Global Brain Corporation, Techstars and existing investors.
"Machine learning is revolutionising every industry. It has become much easier to build predictive models but deploying and managing these models in production is the limiting factor."