ClearFlame Engines is one of the startups of the week. Picture of CEO & Co-Founder - BJ Johnson, and CTO & Co-Founder - Julie Blumreiter
Tech & VC News
Funding Rounds we admired from the last 7 days
We see these journeys as an inspiration, offering insights to other founders, startups and innovators.
Mary Superlano

Every week we highlight new funding successes from companies bringing about change in their industries.  We amplify the voice of companies delivering on tech innovation whilst also utilizing remote work, or being clear on the importance of D&I to their brand. All ingredients that talent.ai focus on when selecting the best of the last 7 days. 

We see these journeys as an inspiration, offering insights to other founders, startups and innovators looking to evolve their stories into something extraordinary.  We know the hard work behind these accomplishments and always seek to recognise and applaud those involved from leadership and founders and their entire teams. 

Congratulations to all the founders and teams! 

Seed 

Unitary

CEO & Co-Founder – Sasha Haco

CTO & Co-Founder – James Thewlis

Unitari is a content analyzing tool that uses context-aware Artificial Intelligence and multimodal machine learning to detect inappropriate content and protect users. The ultimate goal of Unitari is to create a safer internet, highlighting unsuitable content correctly by taking into consideration context. 

The company secured a Seed round investment of  £6.7 Million led by Ian Hogarth, the Songkick CEO, and his VC investment fund Plural. AI-powered Unitari will use new funds to expand its teams, create more partnerships and develop its tool Detoxify, a detector of written hate speech.  

Unitari is Cambridge lead and based. The company was started by CEO Sasha Haco, a graduate of the university and mathematician, who worked with Steven Hawking on black hole research during her PhD. And Co-founder James Thewlis, who worked on Facebook’s AI research. A formidable team dedicated to a necessary fight against harmful online content. 

QuantWare

CEO & Co-Founder – Matthijs Rijlaarsdam

Director of Engineering & Co-Founder – Alessandro Bruno

QuantWare is a developer, designer and manufacturer of superconducting quantum processors that enable and are necessary for quantum computing. The company is already a leading provider of large-scale superconducting quantum processors. 

A University of Delft spin-off QuantWare received a €6 Million Seed funding investment last week led by Forward.One. with participation from QDNL Participations and Graduate Entrepreneur. The new funds will help with headcount growth and the development of its new 64-qubit processor, Tenor. 

QuantWare plans to become the ‘Intel of quantum computing’. The significance of this funding for CEO Matthijs Rijlaarsdam is paramount “this funding we will be able to ramp up production and continue development of even more powerful processors.”

Series A 

Threecolts

CEO & Co-Founder – Yoda Yee

Threecolts is an cloud Amazon sales management platform and e-commerce service provider allowing brands to easily manage their channels on Amazon, plus Walmart and eBay. With Amazon becoming the world’s leading marketplace brand the need to sell on its site has become a top priority. 

London-based Threecolts is led by former amazon coordinator Yoda Yee and has more than a few of the biggest brands on its client list like L’Oréal and Samsung. The company just announced it closed on $90 Million in funding from a Series A round, a previously undisclosed funding and some debt. Investors participating include Crossbeam Venture Partners, General Global Capital, Stratos and CoVenture

Threecolts is a hugely successful business that claims to have multiplied its revenue by 6x, has made 14 acquisitions and will use the funding to continue its rapid growth. There is no stopping this tech racehorse! 

Series B

ClearFlame Engines is one of the startups of the week. Picture of CEO & Co-Founder - BJ Johnson, and CTO & Co-Founder - Julie Blumreiter
ClearFlame Engines CEO & Co-Founder – BJ Johnson, and CTO & Co-Founder – Julie Blumreiter. Source: ClearFlame

ClearFlame Engines

CEO & Co-Founder – BJ Johnson

CTO & Co-Founder – Julie Blumreiter

ClearFlame is a developer and innovator in cleantech to power heavy-duty engines with renewable energy plus reduce carbon emotions and soot. With mobility and cleantech becoming more and more demanded, ClearFlame is becoming a leader in its industry. 

US-based ClearFlame just signed a Series B funding round of $30 Million led by Mercuria Energy Group. The new funds will go towards accelerating pilot development into a product, which will start with long-haul trucks, a $200 Million market worldwide. 

Technology developed by ClearFlame is exciting because it meets heavy-duty criteria and needs while lowering the environmental impact by using renewable fuel. This is a sector in tech that is now slowing down as legislation and users demand more sustainable solutions. 

Indra Renewable Technologies

CEO – Adrian Moores

CTO & Founder –  Mike Schooling

Indra Renewable Technologies is a developer, and innovator and provider of smart EV chargers. The company’s pioneering bidirectional charging is revolutionary, allowing users to charge their vehicles and use leftover energy to power their homes or sell it back into the grid. Transforming EVs into portable energy sources. 

Worcestershire-based Indra just received another show of confidence from investors in the form of a £20 Million Series B round led by Gulf Oil International Limited. The new investment will be used for continuing the development of their flagship bidirectional technology. 

Indra also plans to grow its customer base, expand to international markets and develop its home charging hardware and platform. The investment comes behind the announcement of key partnerships with leading brands in the UK to supply smart EV charging for their home. We’d say Indra is charged and ready to power through to the top! 

Cado Security

CEO & Co-Founder – James Campbell

CTO & Co-Founder – Chris Doman

Cado Security is a closed security service provider and platform that allows for quick cloud investigation and response to threats. Its product Cloud Response can generate forensic-level investigation into the cloud, plus container and serverless environments. 

London-based Cado Security is the first cloud forensics and response platform. It just announce an additional Series B funding round of $20 Million led by Eurazeo. The company plans to expand and develop its product with the new funds, as well as grow sales and marketing.

Security is one of those industries that seems untouched by slowdowns and crises, a huge benefit to Cado, which also has a great product. It’s safe to say we can expect a lot from this company!   

Series C  

Humane

CEO & Co-Founder – Bethany Bongiorno

Chairman & Co-Founder – Imran Chaudhri  

Humane is a software platform and consumer hardware creator that aims to deliver the next age of mobile computing, powered by AI. Led by former Apple team Bethany Bongiorno and  Imran Chaudhri the company has already stirred up a lot of attention and money. 

San Francisco-based Humane just secured the biggest investment round on this list. Adding $100 Million in Series C funding from a collection of investors and led by Kindred Ventures. New funds will accelerate the development of Humane’s devices and technology. 

Humane has already made huge strides, signing partnerships with Microsoft, Open AI, LG and even Volvo. The reach and impact of AI are just beginning and Humane wants to be a leader in its future! 

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