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NEW YORK, April 7, 2021 /PRNewswire/ CB Insights today named AI.Reverie, the leading synthetic data platform, to its annual AI 100 ranking of the most promising private artificial intelligence companies in the world for the second time. This year s cohort spans 18 industries, and is working on everything from climate risk to accelerating drug R&D, said CB Insights CEO Anand Sanwal. Last year s AI 100 companies had a remarkable run after being named to the list, with more than 50% going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds. Many also went on to exit via M&A, SPAC or IPO. As industry after industry adopts AI, we expect this year s class will see similar levels of interest from investors, acquirers and customers.
A CHESTER-BASED eLearning business has received £1 million funding to help it grow. iAM Compliant Limited has received the massive funding boost from NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund (NPIF). The investment will be used to accelerate the build out of the iAM learning library, a cloud-based content as a service that provides a range of eLearning topics and offers bespoke content build for larger international eLearning businesses. The company, which spearheads a safety management, premises and compliance online tool, alongside a characterful and disruptive animated online elearning library, has seen strong growth since formally launching to the market in 2019.