Agritech AI Specialist Agxio secured £2.1 Million in pre-series A round

Agxio, a UK based provider of an AI platform to solve complex, real-world problems that are beyond human scale, has now secured £2.1m in pre-series A round.

Agxio was founded in the year 2018 by Dr Stephen Christie. Agxio has developed, validated and deployed a low code platform that automates the role of the machine learning engineer and data scientists to design, deploy and build enterprise-scale AI solutions at speed across a wide range of use cases in the associated life science and agricultural industries.

Executive Opinion

Agxio CEO and co-founder Dr Stephen Christie said, "We are very excited about the next phase of growth for the company. Our Artificial Intelligence and Machine Learning technologies have a broad range of use cases, and we believe that the growth opportunities for us are very significant. We have also created a number of strong partnerships across industry, government, and academia to ensure innovation at the highest level."      

Agxio's Latest Funding

The round was backed by the Development Bank of Wales.

The company, as of now, has plans to use the new funds to scale operations, enter new Artificial Intelligence, Agritech and life sciences markets, expand across the globe and continue developing the platform.
PC: Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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