BlueSkeye AI, a Nottingham, UK-based healthtech company, raised £3.4m in funding.
The round was led by XTX Ventures, with participation from Foresight Group, Praetura Ventures and the University of Nottingham, as well as a consortium of high-net-worth individuals.
The company intends to use the funds to further accelerate its expansion across both clinical and non-clinical health and wellbeing markets. As part of this investment, BlueSkeye AI will expand its activities with a physical presence in the North-West of England.
Led by Professor Michel Valstar (CEO), Dr Anthony Brown (CTO), and Chief Machine Learning and Software Engineer Dr Timur Almaev, BlueSkeye AI is a spin-out from The University of Nottingham’s School of Computer Science that has developed proprietary face and voice analysis technology to enable mental health diagnoses and enhance safety and wellbeing for the drivers and passengers of vehicles.