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Cambridge-based Featurespace raises £30 million to help enterprise combat financial fraud

Featurespace, a Cambridge-based developer of analytics software to help enterprise combat fraud, has raised £30 million in a funding round led by Merian Chrysalis Investment Company, with support from existing investors. Founded in 2008, the fintech company invented ‘adaptive behavioral analytics,’ which learns the normal patterns of individuals so that any anomalies in behavior stand […]

The Reverse Pitch: Sure Valley Ventures

“We see it as our responsibility to encourage female founders, and founders from other minority groups, to feel confident enough to reach out to us, and other investors, to access the tools they need to level the playing field and build a more equitable tomorrow.” — Isabelle O’Keeffe, Principal at Sure Valley Ventures Sure Valley […]

Speechmatics raises £6 million, will add 75 languages to global speech recognition engine

Speechmatics, a Cambridge-based startup applying machine learning to automatic speech recognition (ASR), has raised a £6.35 million Series A round, led by AlbionVC with support from IQ Capital and several angel investors. Awarded a Queen’s Award for Enterprise in ‘Innovation’ earlier this year, the Speechmatics technology stands out for its accuracy, wide variety of languages, […]

British quantum computing software startup Riverlane lands £3.25 million

Cambridge-based quantum computing software developer Riverlane has secured £3.2 million in a funding round led by Cambridge Innovation Capital and Amadeus Capital Partners, with the participation of Cambridge Enterprise. The company plans to use the money to hire more quantum software researchers and computational physicists. Riverlane applies quantum computing to the simulation of microscopic systems. […]

UK-based techspert.io lands £1 million for its AI-powered ‘expert finder’

Cambridge-founded startup techspert.io has raised £1 million in funding from the angel investor Simon Thorpe, Angel CoFund, John Spearman, GW Asia Capital Ltd, and Adrian Lloyd. Formerly known as Biotechspert, the company has decided to broaden its scope from finding experts in the biotech space to other industries. techspert.io has developed a search engine that […]