Transport data specialist Alchera raises £2.7M
A Cambridge-founded startup that leverages AI to help cities manage roads and public transport more efficiently has raised £2.7m in seed funding, it said today.Alchera Technologies has raised the funds from Maven Capital Partners through the British Business Bank’s South West Investment Fund, which led the round with a £2m investment.Other investors include the Baves Entrepreneurship Fund and The FSE Group, with funding also from Innovate UK’s Investor Partnership programme. Existing investor…
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A Cambridge-founded startup that leverages AI to help cities manage roads and public transport more efficiently has raised £2.7m in seed funding, it said today.
Alchera Technologies has raised the funds from Maven Capital Partners through the British Business Bank’s South West Investment Fund, which led the round with a £2m investment.
Other investors include the Baves Entrepreneurship Fund and The FSE Group, with funding also from Innovate UK’s Investor Partnership programme. Existing investor Cambridge Applied Research also participated in…
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