FARx (Cohort 2.0) secure £250k in seed investment

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BetaDen Accelerate Cohort 2.0 alumni FARx have secured £250k in seed investment assisted by Seed Enterprise Investment Scheme.

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We're incredibly pleased to share some brilliant news from BetaDen Accelerate Cohort 2.0 alumni FARx, who have secured £250,000 in investment, in part due to assistance from the UK Government's Seed Enterprise Investment Scheme.

FARx founded by Clive Summerfield - who runs the business alongside Director & BetaDen Accelerate mentor Emma Whitehouse, are responsible for developing the world's first AI-fused biometrics technology, with a range of possible use cases in industries such as banking, retail and healthcare.

Following up on their recent achievement of securing a patent in the United States, FARx intend to use this investment on further R&D and the ongoing process of bringing their technology to market.

We would like to congratulate FARx on another brilliant achievement and look forward to seeing how this investment shapes the future of the business.

To read the full announcement from FARx, use the link here.