LONDON, UK: Allied Minds plc, the IP commercialisation company focused on early stage company development within the technology sector, has disposed of portfolio company Spark Insights Inc. to Concirrus, a private UK-based insurance technology company. The disposal is valued at $700,000 USD and will be paid in Concirrus stock. Spark Insights is an advanced analytics…
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Allied Minds’ Orbital Sidekick secures $16 million Series A Financing
LONDON: Allied Minds plc announced that its portfolio company, Orbital Sidekick Inc., has conditionally secured $16 million in a Series A Preferred financing round led by Temasek, an investment company headquartered in Singapore. Round participants also include other new investors and existing investors Allied Minds, committing $2.5 million (including conversion of its SAFE), and 11.2…