Deal History
Investor: Rank Ventures and Mangrove Capital Partners
Edgify, a provider of AI infrastructure to protect in-store loss for physical retail, has raised $9m (£6.7m) in Series A+ funding.Summary of transaction details:Value: $9m (£6.7m)Sector: Software & SaaSAdvisor: Not disclosedKey Entities: Edgify, Rank Ventures, Mangrove Capital PartnersLocation: LondonNote: The funding will fuel Edgify's growth, enabling the company to take its intelligence layer and deploy it across the global industrial landscape, addressing loss prevention and targeting a $15.8bn (£11.7bn) retail computer vision market.
Investor: Rank Ventures and Mangrove Capital Partners
Edgify, a London-headquartered provider of AI technology for retailers and other industries, has successfully closed a Series A+ funding round, securing $9m (£6.7m) from investors Rank Ventures and Mangrove Capital Partners. The investment is earmarked for accelerating the rollout of its platform and expanding its innovative edge AI solutions into new industrial sectors.Summary of transaction details:Value: $9m (£6.7m)Sector: DeepTech & AIAdvisor: Not mentionedKey Entities: Edgify (Target), Rank Ventures, Mangrove Capital Partners (Investors)Location: London (Target Headquarters)Note: This funding will enable Edgify to scale its unique edge AI platform, which connects, orchestrates, and trains AI models directly on in-store devices, reducing cloud costs and enhancing data privacy. The company plans to leverage this technology to expand beyond retail into logistics, transportation, and manufacturing, turning isolated machines into self-learning networks.
Investor: Mangrove Capital Partners, Rank Ventures
Investor: Octopus Ventures, Mangrove Capital Partners
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- Company Number
- 07097051
- Status
- Active
- Registered Address
- Apollo House, Hallam Way, Whitehills Business Park, Blackpool, FY4 5FS, England
- SIC Codes
- 62020 — Information technology consultancy activities
- Persons with Significant Control
- Mrs Jane Elizabeth Porterownership of shares 25 to 50 percentMr Jonathan Read Porterownership of shares 75 to 100 percent
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