Participated · Equity · Nov 2023

Secondmind develops a cloud-native optimization engine for software-defined vehicles that aims to reduce design simulation time and calibration overhead while continuously improving energy efficiency and performance across the vehicle lifecycle. The platform gives engineers tools to re-imagine vehicle design, development and the driving experience and to accelerate the transition to carbon-neutral mobility. Led by CEO Gary Brotman, the company plans to use new funding to scale sales and marketing and to accelerate development of its optimization engine. The firm emphasizes solutions for systems engineering and validation to unlock time and cost efficiencies through increased virtualization in design and development. Secondmind raised $16M in funding from strategic and institutional backers including Mazda, Amadeus Capital Partners, Atlantic Bridge Ventures and Cambridge Innovation Capital. Prowler.io offers an artificial intelligence platform that helps businesses and organizations improve decision-making when processing dynamic, real-time data in complex and uncertain environments. Its core platform combines branches of mathematics, engineering and economic theory to manage logistics decisions, allocate resources, and assist financial decisions in asset management. The company is led by CEO Vishal Chatrath and is based in Cambridge, England, UK. Prowler.io plans to use the new funding to launch new products and expand into verticals including finance, logistics and education. Financially, the company raised $24M in new funding in a round that valued it at $100M. No operating metrics were provided in the article. Prowler.io provides an artificially intelligent decision-making platform that lets users observe and predict how agents — such as vehicles, drones, robots, game characters and people — interact in complex environments. The platform combines machine learning, probabilistic modelling and game theory to surface interpretable insights into millions of micro-decisions within dynamic systems. Led by CEO Vishal Chatrath, the company focuses on research-driven development and interpretable mathematical approaches to decision making. Prowler.io intends to use its new funding to expand its team of academics and developers, enhance its research efforts and bring the technology into the market. The company is based in Cambridge, UK. Financially, the business announced a £10m Series A round to support these plans. Prowler.io builds a platform that uses reinforcement learning to enable autonomous systems to think and make decisions. The company plans to expose its technology via APIs and a set of pre-made scripts to make advanced decision‑making accessible to machine makers. Its initial commercial focus is gaming, with anticipated applicability across transportation, manufacturing, medicine and hospitality. Prowler.io is largely operating in stealth with a small team and some NDAs in place. The founding team includes CEO Vishal Chatrath, CTO Dr. Dongho Kim and co‑founder Aleksi Tukiainen, with two co‑founders having been early employees of VocalIQ (acquired by Apple). Financially, the company has just closed a seed round to fund continued R&D and hiring.