Mobeus has provided growth private equity and acquisition facilities to support the architectural visualisation studio.
"We are hugely impressed by the exceptional client base that the team has attracted, which is a testament to the quality of work that The Boundary delivers. Henry and Peter are pioneers in architectural visualisation, which, when aligned with Tom’s commercial skills creates a very compelling growth opportunity. We are really excited to be backing them and supporting their organic and acquisitive growth aspirations over the coming years."
SFC Capital led the round, which will help the startup expand its team and enhance its Sprie try on technology.
"With this investment, we will be able to accelerate the next major e-commerce evolution with our cutting-edge augmented reality platform, as well as build our team and expand our customer base."
The funding round was co-led by Chroma Ventures and West Coast Capital to support technology development and global growth.
"We are very excited to have attracted investors of this calibre to Blippar. Not only is this a solid vote of confidence in Blippar’s technology from some of the most highly regarded industry veterans and business minds, but it also demonstrates sustained validation of the UK tech sector post-Brexit."
The Shropshire immersive tech firm raised the funding via the Enterprise Investment Scheme.
"This latest investment, along with the ongoing increase in the valuation of Igloo, is a reflection of the significant progress we’ve made, irrespective of a global pandemic and recession. Sales have remained buoyant and we have been able to penetrate new geographies, with Igloo technology now used in 39 countries."
The seed round was led by Ufi Ventures to support product expansion across corporate and education markets.
"We’re living a pivotal moment for the L&D industry and we have a unique opportunity to build the future of what it means to learn, to give everyone a chance to unlock their full potential and make the workplace more humane."
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