SWIF Maven Equity Finance leads investment in Alchera Technologies

Alchera Technologies has secured a £2.7 million investment led by the British Business Bank’s South West Investment Fund, managed by Maven, alongside the Bayes Entrepreneurship Fund and The FSE Group. An additional £700,000 was secured through match funding from Innovate UK’s Investor Partnerships programme.

Alchera has developed an AI platform to improve decision making in transport and infrastructure by enabling operators to extract actionable insight from complex, fragmented datasets. The platform ingests, cleans and fuses multiple data sources, including existing sensor networks, traffic management systems and third-party feeds, to support planning and operational decisions for local authorities and highways operators.

With data-driven management of road space central to delivering net zero objectives and emissions reduction commitments, solutions that turn existing data into actionable insight without large capital outlays are gaining strong traction. An innovative public transport analysis tool, Alchera’s platform is embedded within client workflows and unlocks real time insights for government authorities.     

The investment will enable the business to invest in product development and platform enhancements as it continues to optimise features for transport planning and performance monitoring.  

Anna Jordan, Co-Founder and CEO of Alchera Technologies

“Every journey - to work, to school, to an appointment - depends on decisions someone made about a road or a bus route. Right now, these decisions often take weeks; despite the necessary data existing, it’s scattered across systems, formats and teams. We've seen how when you put that data together, you’re no longer making decisions on instinct and incomplete data but with the full picture instead. That directly has real-world impacts like reduced disruption from roadworks and more robust networks - making transport infrastructure more reliable, resilient and affordable for all road users.”

Anna Jordan, Co-Founder and CEO of Alchera Technologies

“Transport and infrastructure operators are sitting on vast amounts of data but lack the tools to turn it into fast, confident decisions and that problem has been chronically underserved by the market. Alchera has built a genuinely differentiated AI platform that addresses this head-on, with proven results for its customers within an underserved segment of the transport and infrastructure market. We're thrilled to be backing Anna and the team at this exciting stage of their journey and look forward to partnering with them to accelerate growth.”

Rafi Khan, Investment Director at Maven

“AI is increasingly becoming a driver of innovation and growth, helping businesses develop new products and services to tackle challenges in new ways. Alchera is a good example of that, applying AI to a clear market need and building a platform with significant scope to scale. Our South West Investment Fund investment, alongside other partners, will enable the company to accelerate its technology and drive further growth.”

Lizzy Upton, Senior Investment Manager at British Business Bank

SWIF Maven Equity Finance can provide investment of up to £5 million to support ambitious earlier and later stage businesses across the South West of England. To date, the Fund has backed a number of innovative businesses across the region, including: sustainable packaging innovator, Kelpi, global wireless solutions provider, Blu Wireless, healthcare buy and build operator, Covestus, Microsoft adoption specialist, Changing Social, leading robotic additive manufacturer, Q5D, award winning dairy producer, Tom Parker Creamery and bar and restaurant group, Deckhouse.

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