Birmingham AI startup Unloq raises £900,000 to scale decision platform
What's the deal? UnloqDealroom has a profile for this one. Try Dealroom →, a Birmingham startup building AI to guide corporate decision-making, has raised £900,000. The West Midlands Co-Investment Fund led the round, with Future Planet Capital RegionalDealroom has a profile for this one. Try Dealroom →, Mercia VenturesDealroom has a profile for this one. Try Dealroom →, and HaatchDealroom has a profile for this one. Try Dealroom → also taking part.
What's the endgame? Founded by Dr Yiannis Maos MBE and Satyen Fakey, Unloq has built a decision intelligence platform that combines a company's internal data with wider market information. It aims to help leadership teams predict outcomes, weigh recommendations, and act sooner.
Why now? The company argues that many businesses still base big calls on reports of what has already happened, even as they collect more data than ever. Unloq began trading over the past year and says it has already worked with global organisations.
What's the money for? The funding will support further product engineering and expand Unloq's commercial team as it targets larger organisations. It plans to keep growing from Birmingham while pursuing national and international markets.
The signal: The round shows regional public money flowing into early-stage AI. The West Midlands Co-Investment Fund, set up by the West Midlands Pension Fund and West Midlands Combined AuthorityDealroom has a profile for this one. Try Dealroom →, backs small and medium-sized businesses with growth potential — a sign local capital is chasing the AI wave beyond London.
Read more: exelerating.com
Image credit: Generated with Gemini
