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Digital Iron raises £1.6M in pre-seed funding led by Seedcamp, Concept Ventures, RTP Global, C2V, and FJ Labs to develop AI-driven platform for heavy machinery dealership industry

PRIVATEJul 10, 2024

Amount Raised

£1.6 Million

Round Type

Seed

BelfastArtificial IntelligenceMachine Learning

Investors

FJ LabsC2 VRTP GlobalConcept VenturesSeedcamp

Description

Digital Iron, a provider of an AI-driven platform for heavy machinery dealership industry, raised £1.6M in pre-seed funding led by a consortium of early stage investors including Seedcamp, Concept Ventures, RTP Global, C2V, and FJ Labs. The funding will be used to further develop its technology, expand the team, and scale operations to meet the demand from dealerships worldwide.

Quick answer

Digital Iron raised £1.6 Million in a Seed round, dated July 10, 2024. Investors: FJ Labs, C2 V, RTP Global, Concept Ventures and Seedcamp. Digital Iron is based in Belfast, Northern Ireland, United Kingdom.

How much did Digital Iron raise?
Digital Iron raised £1.6 Million in a Seed round on July 10, 2024.
Who invested in Digital Iron?
FJ Labs, C2 V, RTP Global, Concept Ventures and Seedcamp are named as investors in this round.
What does Digital Iron do?
Digital Iron is a Belfast, Northern Ireland, UK-based company that provides an AI-driven platform designed for the heavy machinery dealership industry.
Where is Digital Iron based and how big is it?
Digital Iron is based in Belfast, Northern Ireland, United Kingdom.
Who are the decision-makers at Digital Iron?
Fundz holds 1 contact at Digital Iron. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Artificial Intelligence and Machine Learning around the same time

Companies in the same sectors as Digital Iron that raised within 45 days of this round, from Fundz verified event records.

  • Phantastiq raised an undisclosed amount (Seed) on August 23, 2024.
  • Harmonyze raised $2M (Pre-Seed) on August 22, 2024.
  • Opkey raised $47M (Series B) on August 22, 2024.
  • Skyfire Systems Incorporated raised $8.5M (Seed) on August 21, 2024.
  • LLUMO AI raised $1M (Seed) on August 21, 2024.
  • GenLayer raised $7.5M (Seed) on August 21, 2024.

Who to call at Digital Iron, and when

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Company Information

Company

Digital Iron

Location

Belfast, Northern Ireland, United Kingdom

About

Digital Iron is a Belfast, Northern Ireland, UK-based company that provides an AI-driven platform designed for the heavy machinery dealership industry. The company leverages advanced AI models trained on a vast array of data sources to offer intelligent diagnostics and efficient parts sourcing, helping dealerships reduce downtime, improve operational efficiency, and increase revenue.

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