The seed round features participation from Y Combinator and Global Founders Capital to support multi-language expansion.
"In the era of AI, developers are writing apps faster than ever with the help of coding agents like GitHub Copilot or Claude Code. Deploying and running these applications as fast as creating them is the next major frontier and Shuttle is uniquely positioned to be a leader in this space and enable quick iteration cycles for every full-stack builder."
The London and San Francisco startup raised the seed capital from Base10 Partners and Y Combinator to expand its headcount.
"Outbound sales has stagnated over the past decade, with rapidly diminishing returns. Likewise, generic automation tools – even those promising the wizardry of AI – aren’t penetrating traditional industries because they don’t know how to find relevant prospects, let alone target them effectively."
The seed round was led by Frontline Ventures and will support the expansion of artificial intelligence compliance workflows.
"We were really early-stage when the boom in AI came into effect, meaning we could implement AI-native solutions from the very start, something that more established companies running on legacy architecture have found challenging. It is true that bad actors in financial crime are finding new ways of using AI all the time, which is what makes the work Flagright is doing so important. This funding will allow us to further develop our AI agents that will allow financial companies to stay one step ahead."
The pre-seed round was backed by participants including Y Combinator and the UK government.
"The discovery of novel pharmaceuticals is one of our most important weapons in fighting disease. However, the drug development pipeline is often driven by trial-and-error and held up for many months during the identification of scalable manufacturing processes, delaying clinical trials. Our AI-powered models learn from historical data, cutting up to 95% of experimental work and accelerating these workflows by 30x."
The financing round was led by Atomico and will support product development for Windows and iOS.
"Thomas and Petr have built an incredible product that solves a crucial problem not only beautifully, but also effectively with a thriving open-source community of developers at its heart. Raycast provides users with virtually limitless opportunities to build a highly personalised productivity platform tailored to their unique workflows. I personally find it indispensable for my daily work. This is further underscored by the remarkable results of our in-depth user research during due diligence, where a staggering 98% of respondents reported a significant increase in their Raycast usage over the past six months."