![]() ![]() The company is a current member of Tech Nation’s Applied AI 3.0 cohort, winner of Fashion District’s Retail Innovation Challenge in 2019 and a graduate of the Google for Startups UK immersion program.Ĭolin Greene, operational partner at Praetura Ventures added: “Sparkbox’s approach to inventory optimisation has the power to bring about massive changes in fashion and home retail, which is clearly behind the times when it comes to technology adoption within merchandising. Sparkbox’s artificial intelligence is used by River Island and Matchesfashion. “We are thrilled to have Prateura join us on our mission to modernise merchandising and put data behind the important pricing and inventory decisions our users make every day.” We know how much potential there is for AI and machine learning to improve profits and reduce waste in retail. Because the Bee season as a single annual occurrence, waits for no-one Greg hustled pretty hard late in 2016 to get initial investment from Sparkbox Ventures. The company was founded in 2019 by Lindsay Fisher, Matthew Wong and Kevin Blackmore.įisher commented: “As a team of former retailers, we’ve seen first-hand how the retail industry is advancing in many areas but falling behind when it comes to making data-driven decisions. The Companys sector preference is information technology, mobile, material science. Comment Booktrack, a startup out of New Zealand that creates soundtracks to accompany e-books, has raised another 5 million in funding to make sure that reading is no longer a quiet activity. Sparkbox uses artificial intelligence and data to help retailers make choices that improve profitability and reduce waste. Sparkbox Ventures invests in high growth technology companies. PRESS RELEASE Praetura Ventures has invested £1.5m into a Manchester-based start-up that uses AI and in-depth data to help big brand merchandising teams make better stock buying and pricing decisions. The funding will be used to double its team and increase the number of retailers it works with. Sparkbox is a very active private group which has been investing for over a decade. UK-based Sparkbox, an AI startup, has secured 1.5 million pounds in funding. For more information, see artificial intelligence startup Sparkbox has announced a £1.5m investment from fellow Manchester resident Praetura Ventures. Sparkbox offers a machine-learning platform for retail planning, price optimization. Late last year Chris was awarded the Deloitte Rising Star Award for which recognizes early-stage, innovative, high-potential companies. In March 2022, Sparkbox raised GBP 1.5 million from Praetura Ventures. Other angels provided additional funding to develop the prototype into a commercial game, which launched in July 2011. Chris went on to secure seed capital from Stephen Tindall's K1W1 fund, the ICE Angels and angel investor Sparkbox Ventures. This led to a space in The Icehouse business incubator to develop his business with mentorship from the business community, and the assistance to form relationships with universities in the United States. He serves as the Venture Partner & Managing Partner at Sparkbox Ventures. He serves as Board Member at Mish Guru, Wipster. He serves as a Board Member at Spotlight Reporting. He started developing his gaming idea in the Business School’s Spark Programme (for aspiring entrepreneurs) and was a finalist in the Spark 40K Challenge in 2007. Chintaka Ranatunga is the Founding Partner at GD1. He completed a Bachelor of Science at the University followed by a Screen Production Masters in Drama Directing in the Department of Film, Television and Media Studies. “It’s an approach that is so simple a five-year old with no musical background can grasp it, but versatile enough to allow any song to be integrated into the game - including a live concert where you can literally play along with the band!” Chris’s success was in a large-part fostered by the University and the support available to budding entrepreneurs. Visitors to the site create their own unique avatar, to explore planets and make music with other kids in real time. The fun and innovative game invites kids to be creative with music, regardless of their musical background. is an online 3D virtual world for children aged 7 to 14. Angel investment group Sparkbox Ventures and the ICEHOUSE business growth centre are joining forces to raise a specialised 4 million angel investment fund. He is now seeking US investors to expand his creation in the lucrative gaming market. It already has 34,000 players since it launched in 2011, more than half of them American children. He is the creator of online game, which is growing exponentially in the United States. ![]() Arts and science graduate Chris White is on the edge of making a fortune in computer games. ![]()
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