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518 London AI group secures £40m in growth capital

UK Tech News
Oscar Hornstein @ UK Tech News 2 place · today 06:23 EDT

London AI group secures £40m in growth capital

EvoluteIQ, an AI company based in London with operations in India, Sweden and the US, has secured a $53m (£38.8m) growth capital investment round. Founded in 2019, EvoluteIQ provides agentic AI software to automate complex business processes for customers in industries including banking, insurance and healthcare. EvoluteIQ’s platform, EIQ, can automate decision-making, repetitive tasks and ...

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