The Belfast based water management software company raised the capital from YFM Equity Partners and Emerald Technology Ventures to double its workforce and expand abroad.
"This significant investment represents a transformative step in our company’s journey, fuelling our expansion and creating exciting opportunities for Northern Ireland’s job market. We’re thrilled to announce new positions spanning sales and marketing roles to drive our global reach, alongside cutting-edge technical roles that will shape the future of our smart technology as we advance our innovative product roadmap."
YFM Equity Partners led the Series A round to support product development and international growth.
"We founded Xapien to bring transparency to business relationships, so that organisations of all sizes can truly know who they are working with. This investment will not only accelerate our cutting edge natural language processing and entity resolution technologies but also positions us at the forefront of a fundamental shift in compliance. We are transforming due diligence from a time-consuming, manual process into an efficient, precise, and comprehensive solution. Xapien is setting new standards in compliance, helping organisations worldwide to navigate complex regulatory environments with ease and confidence, ultimately creating better business practices and stronger ethical standards."
The growth capital round was backed by YFM and existing investors to support worldwide expansion.
"Ohalo is operating in a burgeoning marketplace, which is subject to increasing demand. It’s estimated by Gartner that 20% of all organizations will use software to monitor and control their unstructured data by 2026. With YFM’s backing there is a significant opportunity for Ohalo to capitalize upon this, having already carved out an excellent reputation for service delivery and tech innovation. We look forward to seeing the company continue to thrive and expand."
The Series A round was led by YFM Equity Partners with participation from Par Equity and an angel syndicate.
"YFM’s experience of working with innovation-led businesses has proved invaluable. The team immediately understood our vision and recognised our potential. With the backing of YFM, Par and our angel investors, we can continue to curate the future of EV infrastructure and help more customers to deliver an optimised, reliable and trusted EV charging experience."
YFM Equity Partners led the investment round with backing from GFR Fund and FOV Ventures.
"The biggest brands in the world have been relying on GEEIQ and this latest investment will turbo-charge our ability to support them further, as well as enabling us to tap into new business opportunities. We want to ensure that our company is as well positioned as possible to help visionary brands gain a data-driven and profitable presence in the virtual space."
