Overview
Taxnova, a London-based fintech, has raised $1 million (£720,000) to simplify claiming research and development tax credits. The platform connects with tools like GitHub and Slack to extract evidence of qualifying R&D work, generating technical narratives and audit-ready documents. Co-founder George Nichkov highlighted that their AI-powered platform addresses the 75% of time lost on data collection, solving a significant bottleneck. The funding follows their completion of the a16z speedrun accelerator, with investments from a16z, s16vc, Karaoke Club, and various angels.
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Investors: a16z, s16vc, Karaoke Club
Taxnova, a London-based fintech, has raised $1 million (£720,000) to simplify claiming research and development tax credits. The platform connects with tools like GitHub and Slack to extract evidence of qualifying R&D work, generating technical narratives and audit-ready documents. Co-founder George Nichkov highlighted that their AI-powered platform addresses the 75% of time lost on data collection, solving a significant bottleneck. The funding follows their completion of the a16z speedrun accelerator, with investments from a16z, s16vc, Karaoke Club, and various angels.