XTX Ventures is the venture capital arm of XTX Markets, investing in early-stage companies where AI and machine learning are a core technology.
The seed round was co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton
"AI computational needs are increasing by 10 times every 18 months. This leads to distributed training and inference across large numbers of xPUs. Collective data movement across the servers in the data centre becomes a bottleneck which in turn limits the training and inference completion time. This requires a fundamental shift in the co-design of next generation networked systems."
DSW Ventures and XTX Ventures backed the pre-seed round, which will fund prototype optimisation and technical validation.
"InvenireX has developed an exciting platform technology with promising data and early customer traction. This round will help get the technology into the hands of users who can further validate it and drive the company forward into full commercialisation. It’s been a pleasure to work with the InvenireX team who are incredibly talented, dynamic and open to collaboration."
The funding round was led by XTX Ventures with participation from existing backers including Mercia Ventures and SFC Capital.
"Graide provides transparent, explainable AI, a requirement in today’s world, and can cover all subjects taught from school to university level, saving teacher time. We are pleased to welcome XTX Ventures, which has extensive experience in AI and machine learning, as a new investor in this round."
ETFS Capital led the extension round, which will support the wealthtech provider's growth into European markets.
"We are pleased to provide further funding to WealthKernel. Having seen the business grow from strength to strength since we first invested in 2018, we look forward to supporting Karan and team as they continue this expansion into Europe. The demand for innovation in the wealth and asset management industry has never been higher, which WealthKernel is perfectly placed to deliver."
The financing round was co-led by Mercia and MSD Global Health Innovation Fund.
"MSD GHI looks forward to enabling acceleration of Turbine’s growth and expansion,"
