Deal History
Investor: C East X Ventures, SVV (Sure Valley Ventures), Future Planet Capital, The UK Innovation & Science Seed Fund (UKI2S)
Investor: East X Ventures, Sure Valley Ventures
Astut, an Oxford University spinout, has secured £1.6 million in seed funding to develop and commercialise its innovative 'Hybrid AI' technology, designed to provide explainable and auditable decision-making in unprecedented, high-stakes situations.Summary of transaction details:Value: £1.6 millionSector: DeepTech & AIAdvisor: N/AKey Entities: Astut (Target), East X Ventures, Sure Valley Ventures, UK Innovation & Science Seed Fund (Investors)Location: Oxford, UK (Culham Science Centre)Note: This funding round will enable Astut to strengthen strategic partnerships across defence, energy, retail, and finance, embedding its unique AI capabilities to address critical "High-Stakes Unseen Decisions" where traditional models are insufficient, thereby enhancing the UK's leadership in explainable AI.
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- Company Number
- 16376511
- Status
- Active
- Registered Address
- 1 Merryweather, Benson, Wallingford, Oxfordshire, OX10 6GF, United Kingdom
- SIC Codes
- 62012 — Business and domestic software development
- Persons with Significant Control
- Mr Peter Grindrodownership of shares 25 to 50 percent, voting rights 25 to 50 percent
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