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iGent AI raised £6.3M in a Seed round led by HV Capital to develop their engineering AI product, Maestro.

Oct 30, 2024about 1 year ago

Amount Raised

£6.3 Million

Round Type

seed

LondonMachine LearningArtificial IntelligenceSoftware

Investors

Dhyan10x FoundersTwin PathXtx VenturesHv Capital

Description

London-based AI startup iGent AI has emerged from stealth mode with a £6.3M Seed round led by HV Capital, with participation from XTX Ventures, TwinPath, 10x Founders, and Dhyan. The funding will be used to advance iGent's product, Maestro, which aims to enhance software engineering processes.

Company Information

Company

iGent AI

Location

London, England, United Kingdom

About

iGent AI is a London-based AI startup that specializes in engineering solutions using its product Maestro. The platform leverages in-context learning and inference-time reasoning to address engineering challenges, enabling developers to modernize legacy codebases or create new systems. The company's mission is to transform software engineering practices by facilitating informed architectural decisions and enhancing system adaptability.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers