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iGent AI comes out of stealth with Β£6.3m seed round led by HV Capital

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iGent
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Sean Ward; Martin Szummer
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HV Capital; XTX Ventures; TwinPath; 10x Founders; Dhyan
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Β£6.3m
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London, United Kingdom
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igent.ai
Oct 30, 2024

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iGent AI, a London-based AI startup, has raised Β£6.3m in a Seed round led by HV Capital, with additional backing from XTX Ventures, TwinPath, 10x Founders, and Dhyan. Founded by Sean Ward and Martin Szummer, the company’s product, Maestro, is designed to transform software engineering by enabling developers to modernise legacy codebases and tackle new builds with advanced AI-driven in-context learning and reasoning. This technology aims to streamline complex tasks, focusing developer efforts on high-value challenges while Maestro handles intricate technicalities. This funding will bolster iGent AI's efforts to redefine AI capabilities in software engineering, potentially scaling to meet growing demand.