Ilford software developer Fodera Ai secures £8.3m funding

An estimated £8.3m has been raised by Fodera Ai Limited to support its operations in the business and domestic software development sector. Based in Ilford, the company creates custom and ready-made applications. Its technical service offering includes systems analysis and the design of databases.

The business was incorporated in August. Andrey Ketroy was appointed as a director of the company during the same month. Formal documentation for the share allotment was filed in August 2026.