Edgify

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 & AI
• Advisor: Not mentioned
• Key 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.