Foresight Group (MEIF) Leads Growth Investment in BlueSkeye AI
October 31, 2022
Foresight Group, via The Midlands Engine Investment Fund (MEIF), invested £600,000 into BlueSkeye AI as part of a £3.4 million funding round joined by XTX Ventures, Praetura Ventures, the University of Nottingham and a consortium of high-net-worth individuals. The growth capital will accelerate BlueSkeye's expansion and product development for its proprietary face- and voice-analysis AI across digital health & wellbeing and automotive safety markets.
- Buyers
- Foresight Group (The Midlands Engine Investment Fund - MEIF), XTX Ventures, Praetura Ventures, University of Nottingham, Consortium of high-net-worth individuals
- Targets
- BlueSkeye AI Limited
- Industry
- AI & Machine Learning
- Location
- Nottinghamshire, United Kingdom
- Transaction Type
- Growth capital
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