Green Angel Syndicate led the investment round to accelerate international expansion and support team growth.
"This €2 million investment will allow us take our technology further into the European market and also enter the exciting North American market. We are planning to action our aggressive hiring plan over the coming months and grow our team significantly. This will initially focus on building our capacity to tackle major water management and sewer pollution issues through the hiring of software engineers, data scientists and drainage engineers, as well as expanding our marketing team to raise awareness of our products"
The funding round includes backing from Green Angel Syndicate as the company develops zero-waste packaging technology.
"Our aim is to make household staples truly sustainable and accessible to all, in terms of how products are made, used and priced. To help as many people as possible gain access to our service, we will need to be innovative throughout: with the design of the website, the packaging, marketing, the business model and more. This latest investment round will help us grow to scale economies, develop the closed loop and build our tribe."
The company has raised £455k from existing backers and the UK Government Future Fund.
"We’re tremendously proud that our existing investors have stood by our vision to disrupt the mobility sector. We’re continuously moving our product forward and this fundraise will allow us to accelerate the development of our Demand Responsive Transit and smart mobility platform allowing transport operators to improve their profitability and increase their ridership"
The Falmouth startup secured backing from the Cornwall and Isles of Scilly Investment Fund and Haatch Ventures to grow its live streaming platform.
"We want to make it as simple as possible for any streamer, anywhere, to host their own interactive show. That could be a quiz, a game show, a talk show with interactive elements, or any of the many formats we are planning to roll out in the next 12 months"