The Bayes Entrepreneurship Fund is pleased to announce our latest investment into Kirontech. Kirontech’s offering combines an AI driven Health Insurance Platform (HIP) using machine learning to examine big data with speed and accuracy, and domain expertise with knowledge of traditional medical rules to detect, investigate and manage fraud, abuse, waste and errors (“FAWE”) in medical payments data. The solution aims to optimise decision making, reduce costs and improve overall outcomes for health insurers.  It also improves the loss ratio for the global medical claims payment industry.

Springpod, a leading provider of free virtual work-based learning experiences for students, has secured a $2.5 million strategic investment from American Student Assistance® (ASA) to support its expansion in the U.S. As part of this growth, Springpod has officially changed its legal domicile, establishing itself as a U.S. company.

The Bayes Entrepreneurship Fund (BEF) is pleased to announce an investment in Carradale Futures. Carradale’s SOPHIA platform supports healthcare providers to protocolise care by enabling them to embed within their organisations a library of digitised, optimised standard operating procedures (“SOPs”).

The Bayes Entrepreneurship Fund is pleased to announce an investment in Zinc Systems, who specialise in Critical Event Management (CEM) software. Their flagship platform, SYNAPSE, is a SaaS solution designed to empower risk, security, and safety leaders.

The BEF team is pleased to announce its March investment into COAT Trading Ltd, t/a COAT Paints. COAT is a climate-positive paint company with B Corp certification, selling a unique range of colours and 100% accurate peel and stick samples directly to homeowners and design professionals online at www.coatpaints.com. 

We are delighted to announce the launch at Bayes of our new investment LLP, a £15m fund set up with the generous support of Peter Cullum CBE, through the Cullum Family Trust. 

Rocket Auctions, part of the enlarged Bamboo Group, will offer estate agents an additional service to sell more properties through Bamboo’s technology platform. Bamboo has more than 1,000 estate agent branches that currently use its white-label auction services; the total number of agents will increase to more than 1,100 following the merger.

Airex have welcomed Julia Groves as their new Chair.  In addition, Airex Technologies and CEO Agnes Czako will present their smart air brick solution in a series of presentations at COP28 this year. Through Innovation30, UNICEF aims to facilitate the further scale of these innovations to impact the lives of children and their communities globally.

After 13 years participating in the Bayes Entrepreneurship Fund Investment Committee, where he gave stellar advice and guidance on the Fund’s portfolio as well as incisive questioning to prospective investee companies, Andrew bid farewell to the Fund after the September Investment Committee.

Bayes portfolio company, Betterpoints Ltd, the behaviour change company is thrilled to announce it is now a Certified B Corporation™ (B Corp™), reinforcing its dedication to creating a positive impact on society and the environment, as part of a global community of businesses committed to building a better future