Maven led the Series A round with participation from the North East Development Capital Fund, Growth Capital Ventures, and private backers.
"John has built an impressive senior management team around him and we are delighted to support the business as it enters an exciting new phase of growth."
The funding round was led by Active Partners to support international expansion and market share growth.
"We are in an exciting period of growth at TravelLocal and are thrilled to have secured this additional investment from Gresham House Ventures, alongside Active Partners."
Seventure Partners led the funding round as the remittance company surpassed one million customers.
"TransferGo represents a new breed of FinTech companies that are really shaking up the remittance market. Its impressive growth and progress that really caught our attention, along with its customer-centric approach and commitment to continued innovation, make it the perfect fit for our investment strategy in the FinTech field,"
— Ludovic Denis, Venture partner in the Digital technologies team
The funding round was secured from the MEIF Proof of Concept and Early Stage Fund alongside Mercia and angel investors to support global growth.
"PHARMASEAL aims to give customers increased control over their clinical trials and product development. This second round of investment demonstrates the confidence that investors have in our product and will enable us to scale up our commercial operations."