The retail automation platform has secured funding led by Octopus Investments to accelerate its international growth.
"I’m passionate about building a global tech company from our home here in Wales. We’re the first Welsh company to raise a growth investment of this size, and it’s fantastic to be working with Octopus – one of the most well-regarded investment firms in London. With the High Street facing increasing challenges day-by-day, retailers selling omnichannel have an opportunity to grow at an astonishing rate and Veeqo can help them achieve that goal."
The Series A round was led by Nauta Capital with participation from Mercia Fund Managers, and will be used to double the team and enhance product offerings.
"We’re delighted to announce that Nauta has invested into BlackCurve. Their track record speaks for itself, and their advice and support to date has been excellent. We look forward to partnering together on this exciting chapter of our journey. With our existing investor, Mercia, following on too, it is a further proof point of the potential for us to shake up the price optimisation software market and help more retailers optimise their prices."
The funding was provided by NPIF - Mercia Debt Finance to back platform improvements.
"In an ever evolving marketing landscape, it’s imperative a platform provider like Force24 is in tune with the industry’s needs. We commit to offer our clients free training and support for life, and the unique insights we gain help us understand how we can further support the market. Mercia understands our ambitions clearly and we look forward to working with them and the Northern Powerhouse Investment Fund in the years to come, as our funding requirements evolve."
The Belfast-based health technology firm secured Series A backing from investors including Wharton Asset Management and IQ Capital to advance its neurological research and medical trials.
"We are delighted to receive this latest wave of funding, it will enable us to continue to lead the way in developing non-invasive neuro-stimulation technology and will propel our work to a whole new level,"
The major funding round was led by SoftBank, Grupo Salinas, Qualcomm Technologies, and the Government of Rwanda to accelerate deployment of the satellite constellation.
"This latest funding round, our largest to date, makes OneWeb’s service inevitable and is a vote of confidence from our core investor base in our business model and the OneWeb value proposition,"
