Doubleword Funding News- UK’s Doubleword Raises €10.6Mn In Series A Round

The investment was led by Dawn Capital, a top European firm that focuses on business software and manages over $2 billion in assets.

Dawn mainly invests in early-stage companies, starting at Series A and B. They continue to support the best-performing ones as they grow, all the way until they are sold or go public.

Haakon Overli, General Partner at Dawn Capital, says, “Doubleword is the most exciting startup in this space, and we’re extremely excited to be supporting Meryem, Jamie, Fergus, and the team as they take the company to the next level. The team has a market-leading product, and has proven they can flawlessly execute to deliver for global customers. They are scaling a product that businesses need at the right time, with the right expertise.”

The UK company will use the money to expand its team around the world and grow faster so it can solve more problems related to AI inference.

Doubleword was started by Meryem Arik (CEO), Dr. Jamie Dborin (CSO), and Dr. Fergus Finn. It offers an AI platform that businesses can run on their own systems.

Meryem Arik, Co-Founder and CEO of Doubleword, says, “Our customers want to build AI-powered applications, not AI infrastructure. We eliminate the heavy lifting of inference at scale so they can go from idea to production faster, without racking up technical debt.”

The company wants to make running AI on your own systems as easy as using third-party APIs, so businesses can have more control over their AI tools.

“We ensure that our customers can deploy any AI model with a single click, while always having the latest models and hardware supported – and without being wedded to a single model provider,” adds Arik.

The UK company has already expanded into the US and partnered with Snowflake and Dataiku.

Its all-in-one platform lets businesses run their own AI models—whether open-source, custom, or fine-tuned—without needing to build or manage complicated systems.

Secretary of State for Science, Innovation, and Technology Peter Kyle says, “AI will help us to deliver growth for our economy and new opportunities for people up and down the country, so it’s vital businesses have the confidence to adopt and realise its potential. Doubleword’s work is helping set the standard for how companies can do exactly that – adopting AI quickly and efficiently so they can realise their ambitions and allow their workers and customers to thrive in the age of AI.”

“This is yet another illustration not just of how British-born tech expertise is tapping into AI to help give businesses the world over a unique point of difference, but in the steps we’ve taken to make our tech sector a true global magnet for innovation and investment,” adds Kyle.