Hiverge raises approximately £14.5m through Series A share issuance
A July share allotment disclosed in UK filings forms part of the AI algorithm company’s larger Series A financing.
Hiverge raised approximately £14.5 million through Series A shares allotted on 24 July 2026, according to UK company filings. Sifted reported the financing on 10 November as part of a larger Series A expected to be announced later.
The company issued 4,433,842 Series A shares for £3.272315 each, all paid in cash. Its articles identify Plural III SCSp and give the fund a board appointment right while its holding meets a specified threshold.
Hiverge’s Hive platform coordinates AI research agents to generate, test and improve algorithms for computational tasks such as AI training and operational planning. The company was founded by researchers from Google DeepMind and the University of Cambridge.