Westly Group: Investment Portfolio & Startup News
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Investment Portfolio
Magentic closes £13m Series A led by Felicis to put AI workers inside the procurement teams of global manufacturers
Magentic builds digital workers, called Mages, that work within procurement and supply chain teams at large industrial and manufacturing enterprises. Working through Microsoft Teams, email and a customer's own systems, the agents choose suppliers, negotiate contracts, run orders and clear invoices, while people keep control of key decisions.
Magentic emerges from stealth with £4m seed led by Sequoia Capital to drive AI savings across global supply chain
Magentic builds AI agents for procurement teams that analyse unstructured supply chain data to identify errors, compliance gaps and cost-saving opportunities across complex manufacturing operations.
Sightline Climate raises £4.5m from Westly Group and Molten Ventures to scale its market intelligence platform for the transition economy
Sightline Climate provides market intelligence software for the transition economy, helping companies, investors and governments analyse energy and industrial trends to guide strategic decisions and capital allocation.
More venture news
- 22 Oct 2026
QuantrolOxQuantrolOx raises a £10m Series A round led by IW Capital for software that automates quantum computer operations
Series ADeep Tech - 21 Oct 2026
AzomaAzoma raises an £8m Series A round led by Puma Growth Partners for AI commerce optimisation for consumer brands
Series AMarketing - 8 Oct 2026
Universal QuantumUniversal Quantum lands £75m Series A led by DCVC and Firgun Ventures to solve the problem of scale in quantum computing
Series ADeep Tech