Adarga concludes £5M Series A funding iTMunch

AI startup Adarga has sealed a £5 million Series A fundraising by Allectus Capital. But this news cloaks the point that it has been developing a source of steam since its founding in 2016. Building up what they say is a £30 million-plus sales pipeline through meaningful collaborations with several global industrial associates and slowly creating its management team. The profits will be used to maintain the increase of Adarga's data science and software engineering teams and will roll out globally. Adarga, which originates from the word for an old Moorish guard, is a London and Bristol-based startup.