Enginuity

UK-based AI startup Enginuity has raised £500,000 in fresh funding to accelerate its mission of unlocking the estimated $1.58 trillion in underused global intellectual property.

Summary of transaction details:

• Value: £500,000
• Sector: DeepTech & AI
• Advisor: null
• Key Entities: Enginuity, Fuel Ventures
• Location: UK

Note: The funding will support product development, expansion of engineering and business development teams, and growth of partnerships across the UK, US and Europe, addressing a critical inefficiency in global innovation.