Cogna, a London, UK-based provider of precision software solutions, has raised €14.2 million in Series A funding.
Investors
The round was led by Notion Capital, with participation from Hoxton Ventures and Chalfen Ventures.
Notion Capital is a venture capital firm with over $1 billion in assets under management. The firm focused on European SaaS and enterprise tech, with over 100 investments.
Cogna Use of Funds
The funding will support Cogna’s expansion across the utilities, manufacturing, and public sectors, helping companies streamline operations and address limitations posed by legacy IT systems.
About Cogna
Founded 18 months ago, Cogna is an AI company that provides low-cost, custom software for industries requiring precision solutions. The company leverages AI-powered software development, best practices, and insights into customer operating models to deliver software in days rather than months or years. Cogna has already become a strategic partner for major organizations, including Cadent Gas and Network Plus.
Funding Details
Company: Cogna Ltd.
Raised: €14.2M
Round: Series A
Funding Date: November 2024
Lead Investor: Notion Capital
Additional Investors: Hoxton Ventures, Chalfen Ventures
Company Website: https://www.cogna.co/
Software Category: Productivity Solutions
Source: https://www.eu-startups.com/2024/11/london-based-cogna-raises-over-e14-million-to-boost-productivity-with-ai-driven-precision-software/