Selvakumaran comments: “The proliferation of new sensors and satellite technology has the potential to fuel a revolution in the way the built environment can be monitored. The company is also supported by Geovation, part of Ordnance Survey, UK. BKwai’s founder, Sakthy Selvakumaran, has over a decade of international experience in design, construction and maintenance of infrastructure assets, and she combines this with a PhD and academic research in satellite monitoring and data analysis methods in the University of Cambridge Engineering Department. The tech startup deploys data techniques to help engineers sift through volumes of data to find patterns, predict what is going to happen and identify early warning signs.īKwai was founded in 2019 and its current customers include Thames Tideway, Laing O’Rourke, Kier, WSP and Highways England.
Sparkbox price software#
Its software platform combines data from multiple sources (on site sensors, environmental data and remote satellite data) giving a view of the asset, as well as its surrounding environment.
Backing for BKwaiīKwai is based in London. This digital network will connect capital raisers, financial institutions and investors. The latest investment will be used for its international operations and “lay the foundations of its non-conflicted private markets infrastructure”. We’ve taken a different approach, creating white-labelled technology that acts as the digital building blocks on which firms can scale their propositions.” Gareth Lewis, CEO and Co-Founder of Delio, comments: “With investor demand at an all-time high, there is a lot of noise around how institutions overcome the traditional barriers to private markets. It has offices in Europe, New York, Dubai and Sydney. It works with 90 financial institutions worldwide, including Barclays, UBS and Sumitomo Mitsui Trust Bank.
The fintech company was founded in 2015 and digitises the private markets strategies of banks, wealth managers and other financial firms. Delio DelightedĬardiff-based Delio says additional investment from early-backers Maven Capital Partners brings the total equity funding raised to $15.5 million (£11.6 million). Sparkbox, a retail planning, price optimisation and insights platform powered by machine learning, has secured £1.5 million from Praetura Ventures. The round was led by Octopus Ventures, with participation from Deeptech Labs and Cambridge Enterprise (the investment arm of the University of Cambridge). Private markets tech provider Delio has raised $8.3 million (£6 million) from Octopus Ventures.īKwai, a construction data company, has received £2.2 million in Seed funding. There’s good news in Cardiff, London and Manchester with Delio, BKwai and Sparkbox grabbing tech funding.
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