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FYLD
Value £32,000,000

FYLD

VC Funding
Series B
Healthcare & Biotech Published 20 February 2024

Summary

Fyld, an AI workplace safety platform based in London, has successfully closed a Series B funding round, raising £32 million from investors including Energy Impact Partners and Partech via its Growth Impact Fund. Founded in 2020, Fyld specializes in providing AI-powered risk analysis for worksites based on video submissions from workers.

Summary of transaction details:

  • Value: £32,000,000
  • Sector: AI, Workplace Safety
  • Advisor: N/A
  • Key Entities: Target: Fyld; Investors: Energy Impact Partners, Partech (via Growth Impact Fund)
  • Location: London, UK

Note: This investment underscores the increasing strategic importance of AI technologies in enhancing occupational health and safety across industries, reflecting a broader trend towards digitalization and automation in risk management solutions.

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