Research Grid, a UK-based AI startup that helps medical research institutions automate back-office admin for clinical trials, announced on Tuesday that it has raised a USD6.5m seed round.

These funds will support Research Grid's mission to make clinical trials faster and more successful. The company will invest in R&D, developing more AI automations and building out its engineering teams. It also plans to increase its marketing and sales functions as it expands its presence in US and Asian markets.

Fuel Ventures led the round with participation from Arve Capital, Ada Ventures, Morgan Stanley Inclusive Ventures Lab, Araya Ventures, Ascension Ventures, Plug and Play Ventures and Atomico Angels, with limited availability remaining.