Augment

Teemyco, Vault Platform and Sharpen Technologies raises funds | UK government announces collaboration with IBM


Listen Later

Teemyco, a virtual office service located in Stockholm, has secured $3.2 million in a fundraising round headed by 42CAP. Teemyco intends to use the capital to expand its personnel, focus on new product development, and expand its sales and marketing efforts. Upstreet, Hack your Closet, eHealthApp, Greenely, and Mr. Lee’s noodles are among its clients.

London’s Vault Platform netted $8.2M in Series A funding led by Google’s Gradient Ventures. Vault Platform provides SaaS tools to enterprises to report workplace misconduct incidents and assist them in proactively maintaining internal ethics and integrity issues. In an interview with TechCrunch, Neta Meidav, co-founder and CEO of Vault Platform, revealed that Gradient Ventures had expressed interest in the potential of applying AI to strengthen Vault’s SaaS-based misconduct reporting tool. The proceeds shall be used to expand its team, enhance its platform’s features.

Sharpen Technologies, a player in the contact center as a service, had closed its growth financing round, netting $14M from Bridge Bank, Multiplier Capital, and other investors. Mr.Gildea stated that raising funding from investment partners such as Bridge Bank and Multiplier Capital showed their vote of confidence in Sharpen’s business model. The proceeds will be used in all its departments, owing to Sharpen’ rapid growth.


The United Kingdom government has announced that it is partnering with IBM for a five-year, £210 million ($ 297.5 million) collaboration. It’s a quantum computing and artificial intelligence partnership founded to produce breakthrough discoveries and build sustainable solutions in disciplines spanning life sciences to manufacturing. There will be 60 scientists working on the project, as well as interns and students. The HNCDI program will support a variety of industry projects. The initiative is part of the company’s Discovery Accelerator initiative, which aims to accelerate discovery and innovation via the convergence of advanced technologies.

...more
View all episodesView all episodes
Download on the App Store

AugmentBy PeopleAtom