Implement AI Launches New Funding Round with SFC Capital Backing
Deal News | Jan 06, 2025 | Business Cloud
Implement AI, a London-based startup co-founded by former Dragons’ Den star Piers Linney and CEO Dr Aalok Shukla, has secured a £250,000 seed investment from seed-stage investor SFC Capital. The company aims to help SMEs harness AI to enhance growth and productivity. The investment will be used to develop Implement AI’s platform and bolster its marketing efforts. SFC Capital’s Jason Druker and Ed Stevenson have expressed optimism about the startup's potential to transform AI accessibility for businesses. Linney and Shukla aim to revolutionize how businesses adopt AI solutions, making them more competitive in digitized markets.
Sectors
- Artificial Intelligence
- Venture Capital & Private Equity
Geography
- United Kingdom – Implement AI is based in London, and both Implement AI and SFC Capital are operating within the UK market.
Industry
- Artificial Intelligence – Implement AI operates within the AI industry, focusing on managed AI solutions for businesses.
- Venture Capital & Private Equity – SFC Capital, a seed-stage investor, belongs to this industry and has provided funding for Implement AI.
Financials
- £250,000 – The seed investment amount raised by Implement AI from SFC Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Implement AI | Target company | Company | A startup focused on providing AI solutions to SMEs. |
| SFC Capital | Investing Company (Buyer) | Company | A seed-stage specialist investment firm that provides financial backing for startup businesses. |
| Piers Linney | Co-founder & Executive Chairman | Person | Former Dragons' Den star and co-founder of Implement AI. |
| Dr Aalok Shukla | CEO & Co-founder | Person | Co-founder of Implement AI, guiding its strategic initiatives. |
| Ed Stevenson | Investment Executive | Person | An executive at SFC Capital involved in the investment into Implement AI. |
| Jason Druker | Chief Commercial Officer | Person | CCO at SFC Capital, involved in the strategic commercial decisions for the investment in Implement AI. |