Ocula Raises £3.25M to Triple eCommerce Client Base with AI

Belfast-based startup Ocula has raised £3.25M in Series A funding to enhance eCommerce efficiency using AI, marking a significant milestone in the industry.

Funding Details:

• Investment: £3.25M from Praetura Ventures, Castlenau Group, and Lloyds Banking Group.
• Usage: To expand AI capabilities and triple its client base over the next two years.

AI Integration:

• Ocula Boost: AI tool enhancing product pages and SEO.
• Client Base: Over 25 major retail customers including Boots, AO, and Hornby.

Analysis

Ocula’s innovative AI solutions are leveling the playing field for retailers, offering advanced tools to compete with industry giants.

Ocula’s successful funding round underscores the growing importance of AI in eCommerce. Businesses should explore AI-driven solutions to stay competitive. Share your thoughts and subscribe to our newsletter for more updates.