Nexus FrontierTech closes $3.8m seed funding - UKTN (UK Tech News)

London-based Nexus FrontierTech, an AI solutions firm specialising in modernising data-intensive processes within the regulatory and compliance realm, has announced that it has closed a $3.8 million seed round to propel its R&D and global expansion. Founded in 2015, Nexus builds configurable, scalable solutions to help businesses streamline operations and tackle the issues of inefficiency and data waste. The company also has a proprietary AI automation platform that enterprises can use to shorten the implementation cycle of production-level AI models from months to within hours. The funding round was led by a family office based in Geneva, Switzerland, followed by a number of private investors, which include Nick Fry, former CEO of Mercedes AMG Petronas F1, Jennifer Lewis, former Managing Director of GIC, Singapore Sovereign Wealth Fund, and Tom Yoritaka, former Managing Director of Cisco Global Ventures. A number of these investors are also on the firm's Advisory Board and heavily involved in the company's expansion and growth strategies.