Tenyks raised a $3.4 million seed investment co-led by Speedinvest and firstminute capital.

Tenyks, a Cambridge, UK-based software developer of a machine learning framework, announced completing a seed funding round closed at $3.4 million.

The money was raised from multiple investors co-led by Speedinvest and firstminute capital, and joined by LAUNCHub Ventures, Y Combinator, the University of Cambridge, Creators Funds, Remus Capital, CSVE Ventures, RKKVC and Black Mountain Ventures.

The round included contributions from angel investors, including the co-founders of Privitar (market leader in data privacy and data governance), Pete Hutton who developed products worth over $500m as a former President of Product Groups at Arm, and John Taysom.

Tenyks, founded in 2019 by Botty Dimanov, Dmitry Kazhdan and Maleakhi Wijaya as a University of Cambridge spin-out, has the mission of inventing the way humanity interacts with AI to protect the world from the terminator. In order to do that, the company has developed a MLOps monitoring and validation platform that helps ML Engineers working with computer vision data to build more reliable software faster. Specifically, the platform helps ML Engineers understand what's wrong withtheir algorithms and fix issues and is in use under five pilot customers, which use the insights from the platform to spend less time onboarding new users, reducing customer acquisition costs and boosting the accuracy of AI.

Tenyks has been in stealth until now and is one the European startups that were part of Y Combinator in the summer of 2021. It was one of the interesting Euro startups part of YC21 summer program as featured by Nordic 9.