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Value Undisclosed
Summary
Singular Machines has been spun out of the UK Atomic Energy Authority (UKAEA) with strategic investment from multiple investors to commercialize its engineering automation platform, coEngen.
Summary of transaction details:
- Value: Not disclosed
- Sector: DeepTech & AI
- Advisor: Not mentioned
- Key Entities: Target - Singular Machines; Investors - UK Innovation and Science Seed Fund, Oxford Science Enterprises, Arup, Miraisozo Investments
- Location: United Kingdom
Note: The transaction aligns with UKAEA's strategy to drive commercial opportunities from fusion research, fostering innovation and economic growth in the UK's deep-tech sector.
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