The clean tech business has closed the investment to fund its continued growth in the UK and overseas markets.
"24Haymarket is delighted to be supporting Kelda with a £1.5m equity investment to help scale the business now that it has proven its technology. We believe that the compelling environmental and economic benefits of Kelda’s innovative, patented shower systems make this a global product wherever water and energy resources are valued. We are also delighted that we have already been able to leverage 24Haymarket’s network to provide sales leads, potential resources and learnings from other portfolio companies to assist the management team in executing and realising its business plan."
The first tranche saw participation from Henley Business Angels and existing investors.
"Lein is now at a very exciting stage. The ongoing projects with existing customers are now moving into production and provide Lein with a strong financial base. In parallel, the healthcare monitoring devices that we are developing have the potential to make a large improvement to the diagnosis and care of many chronic conditions and provide Lein with the route to a significant exit valuation."
BGF Ventures has led a £4m Series A round into biometric authentication platform AimBrain.
"We know that financial institutions have a big problem with fraud prevention – and customers are not getting the best experience. That’s why we built a platform that uses behavioural, facial and voice data to identify customers accurately, quickly and securely."
The funding round was led by Finance Wales and includes backing from private investors.
"Properr has an enthusiastic, ambitious and proactive management team who are revolutionising the residential property market. They’re supported by a team of savvy property technologists and business development experts. Properr’s strong potential for significant growth and profitability made it a perfect fit for our technology-rich portfolio."
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