Turquoise backs carbon-negative mobility app SKOOT through the Low Carbon Innovation Fund 2.
"We were impressed by the SKOOT team who are already proven entrepreneurs. SKOOT has advantages of safety, cost, environmental impact and regulation compared with taxis. The platform is already built and robust and we see potential for large scale and international expansion of this innovative business."
The expense platform secured the capital from a Seedrs campaign and the Future Fund.
"We are excited to announce this latest funding round and overwhelmed with the drive and support behind the Seedr campaign. We go into 2021 with a strong proposition as we continue using the power of Open Banking technology to drive our product innovation."
The luxury travel operator raised £1.2m from high-net-worth individuals and former travel executives to support its technology development and team expansion.
"I started Luxtripper to revolutionise the luxury travel planning process, creating the experience of a lifetime for customers, matched perfectly to their needs but in a fraction of the time. The technology we’ve created does just that, whilst giving us the space to engage with our clients on a deeper level, something which has never been more important than now."