Hull-based AI software business Think360 raised £100,000 in debt financing from NPIF II fund to support its growing workload.
Hull-based AI software business Think360 raised £100,000 in debt financing from NPIF II fund to support its growing workload.
01/30/25, 6:37 PM
Location
hessleMoney raised
£100,000
Industry
machine learning
artificial intelligence
software
Round Type
pre-seed
Investors
Npif Ii – Mercia Debt Finance
Think360 has secured £100,000 from the NPIF II fund to provide additional working capital and expand its team. The funding follows recent contract wins and will enable the company to take on more projects and create three new jobs.
Company Info
Location
hessle, east riding of yorkshire, united kingdom
Additional Info
Think360 is a Hull-based AI software business that has launched its own range of AI-powered software products since 2021. The company monitors cranes and industrial equipment and manages engineers in the field. Think360 has secured significant contracts and aims to expand its team with more projects and new hires. It currently employs six permanent staff and engages up to 22 independent contractors.