Better Futures secures €600k in funding to automate engineering documentation in regulated industries

Pictured at NovaUCD are Amanda Ward, Head of Digital Technologies, Enterprise Ireland and Anthony Mc Loughlin, Founder and CEO, Better Futures.

 

• Backed by Enterprise Ireland and angel investors Better Futures launches the next generation of EVA™, a governed AI platform bringing trusted automation at scale to complex engineering documentation workflows
• Company has now raised €1.1 million in funding 

Better Futures, an Irish AI company bringing trusted automation to engineering documentation in regulated industries, today announced it has secured €600k in funding from private angel investors and Enterprise Ireland, under its High Potential Start-Up (HPSU) programme. 

This brings to €1.1 million the total funding raised to date by the company which is headquartered at NovaUCD in Dublin.

Today’s announcement coincides with the launch of the next generation of EVA™, the company’s platform for automating engineering documentation workflows and enabling trusted, audit-ready outputs at scale. 

EVA™ is designed to scale proven customer use cases across complex engineering documentation workflows and enable broader self-service adoption, building on Better Futures’ experience with early customers, including leading manufacturers ABB and Bausch + Lomb.

The company will use the funding to expand its product and go-to-market teams at NovaUCD in Dublin, to accelerate further development of EVA™ and expand customer adoption across regulated industries including energy, life sciences, aerospace and advanced manufacturing.

Anthony Mc Loughlin, Founder and CEO, Better Futures, said, “In highly regulated industries, engineers can spend more time on documentation than engineering itself. AI can help automate but it is not just about generating content faster. The key challenge is trust. Teams need audit-ready outputs they can trust, approve and reuse at scale. That is why we built EVA™. It is not another chatbot and not another agent. It is a governed AI platform designed to bring trusted automation to complex engineering documentation workflows.” 

He added, “We are very grateful to Enterprise Ireland and our angel investors for their trust and support, as we take the next step on our mission to free engineers from paperwork, so innovation can lead us to a better physical world.”

Amanda Ward, Head of Digital Technologies, Enterprise Ireland, said, "AI is now central to Ireland's start-up ecosystem, with a new generation of AI-first Irish founders building from Ireland for international customers. Better Futures is a clear example of that ambition: applying AI to a genuine commercial challenge in highly regulated industries, where AI adoption must be low-risk, informed and commercially grounded. 

Enterprise Ireland is proud to back Anthony Mc Loughlin and the team as they scale internationally, grow their team in Dublin and help position Ireland as a leading location for AI-first start-ups."

In highly regulated industries, engineering teams often spend more time managing documentation workflows than engineering itself.

The challenge is not simply producing documents faster. Engineering outputs must be accurate, structured, traceable and ready for review and approval across complex requirements, standards, systems and stakeholders.

Existing generative AI tools can help teams draft content and with customisation support individual workflows, but they are not designed to reliably automate trusted, audit-ready outputs at scale. As a result, engineering teams remain dependent on manual checking, repeated review cycles and fragmented knowledge spread across documents, spreadsheets and expert teams.

Unlike generic AI tools, EVA™ is designed for governed automation, where outputs must be trusted, traceable and audit-ready across the end-to-end workflow. EVA™ addresses this by enabling engineering teams to encode regulation, standards, rules, templates and expert knowledge upfront, and use that knowledge to automate and validate documentation workflows. 

The platform helps teams generate structured, consistent and traceable outputs that can move through review and approval processes faster with greater confidence and less rework. Over time, this encoded knowledge can be reused across workflows, teams and projects, creating compounding value beyond each individual document.

Anthony Mc Loughlin concluded, “We are now focused on expanding adoption of EVA™ across regulated industries and building towards a larger VC-led investment round, to accelerate growth and establish leadership in the emerging market for governed AI automation of engineering documentation and knowledge work.”

Better Futures is also a client company of the ESA BIC (Business Incubation Centre) Ireland initiative at NovaUCD. ESA BIC Ireland supports Irish companies across the business spectrum that are using space technology and data.

ESA BIC Ireland is managed by ESA Space Solutions Centre Ireland, a consortium partnership involving Tyndall National Institute (Lead Partner), University College Dublin; Atlantic Technological University, Dublin City University, Maynooth University, Munster Technological University and Technological University of the Shannon.

Ends

For further information 
Contact Micéal Whelan, Communications and Media Relations Manager, UCD Research and Innovation, NovaUCD, e: miceal.whelan@ucd.ie or Anthony Mc Loughlin, Better Futures, e: anthony@betterfutures.ai.
 

Editors Notes

Better Futures is an Irish AI company bringing governed automation to engineering documentation in regulated industries.

Its platform, EVA™, enables organisations to automate complex documentation workflows, producing structured, traceable and trusted outputs at scale. By reducing manual effort and improving consistency, EVA™ helps engineering teams increase productivity and accelerate delivery across regulated industries including energy, life sciences, aerospace and advanced manufacturing.

Better Futures is headquartered at NovaUCD in Dublin, one of Europe’s leading start-up hubs and the hub of innovation and start-up activity at University College Dublin. https://www.betterfutures.ai/

Enterprise Ireland is the Irish government’s enterprise development agency. Enterprise Ireland invests in and supports the development of Irish-owned companies on their journey to achieving greater scale and to become global leaders in their field. https://www.enterprise-ireland.com/