Auar Raises £5.1M in Funding

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Here’s the information extracted from the provided content:

Overview of Auar

  • Startup: Auar
  • Website: auar.io
  • Founded: 2019
  • Founders:
    • Mollie Claypool (CEO)
    • Gilles Retsin (CTO)

Fundraising Details

  • Date of Fundraise: June 4, 2025
  • Funding Amount: £5.1M
  • Funding Series: Not specifically mentioned, but likely a Series A based on the context.

Investors

  • Lead Investor: Planet A
  • Other Investors:
    • Shadow Ventures
    • Common Magic
    • Concrete VC
    • Miles Ahead (existing investor)
    • ABB Robotics Ventures (existing investor)
    • Angel Investors

Purpose of Funding

The funds will be used to:

  • Grow the team and partner network
  • Mature the product
  • Expand operations to more international markets (specifically Benelux, DACH, and the Nordics).

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2025-06-04 10:05:13