mytender.io Attracts Record £250,000 Investment for AI Tendering Platform

Two University of Southampton students have made history by securing a £250,000 investment from Fuel Ventures for their AI startup, mytender.io. Founded by business student Samuel Aaron and economics student Jamie Horsnell, this startup aims to redefine the tendering processes in the construction and facilities management industries through its AI-driven bid writing platform. The investment marks the highest sum invested in a university-founded startup and will support the founders in scaling sales, marketing, and further development. They have ambitious plans to establish mytender.io as a leading software in its field. Upon graduation, both Aaron and Horsnell plan to focus entirely on growing the business, which already boasts over 20 clients, a team of interns and employees, and aspirations for additional seed funding and expansion.