News

AMFG, a market-leading software company providing MES and workflow automation for manufacturing, has won the contract for Spiral 1 of UK Ministry of Defence accelerator program Project TAMPA, leading a consortium including the second largest defence prime in the UK, Babcock International.

Hadean is amongst the seven tech startups from around the UK that have pooled their technical expertise over the last 12 months to make Project Odyssey operational.

The Warton metaverse, named Project Odyssey, is a private initiative part-funded to the tune of £2m by BAE Systems.

Imperial College London and manufacturing software company AMFG have received funding from Innovate UK to advance autonomous 3D printing.

Snyk, whose platform allows developers to find and fix security issues in proprietary code, open source dependencies, container images, and cloud infrastructure, raised a $196.5m round at a $7.4 billion, a 13% decline from its previous valuation last September. Investors included Evolution Equity Partners, G Squared, Irving Investors, and Qatar Investment Authority as well as previous investors Boldstart Ventures, Sands Capital, and Tiger Global. The company has raised a total of $1.1 billion.

AMFG, a rapidly growing Manufacturing Execution System (MES) & workflow automation software for 3D printing, has secured $8.5M in funding led by Intel Capital to further catapult their spot in the new age of industrial transformation. With this new funding, AMFG will continue to help companies scale their additive manufacturing processes, further solidifying AMFG’s position at the forefront of the autonomous manufacturing revolution.

ChAI, a London-based startup that uses artificial intelligence (AI) and machine learning to predict commodity prices, has secured a seed round to help expand its industry-leading services into new markets, including raw-material businesses and key supply chain providers.

The investment round was led by the space-focused venture capital fund Seraphim Space with participation from Insurtech Gateway, Passion Capital, Primo Space Fund, 2050Cap and Portfolio Ventures

Hadean, a U.K.-based distributed, spatial computing startup that’s setting out to build the infrastructure for the burgeoning metaverse, has closed a $30 million series A round of funding from a high-profile cast of investors including Epic Games, Tencent, Molten Ventures, 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First, and InQtel.

Equity service platform Carta has acquired Vauban, an online platform that helps investors back private companies from end to end.

StackHawk, the company making application security testing part of software delivery, and Snyk, the leader in developer security, today announced a new partnership to further modernize how engineering teams create and ship secure code.