The funding round follows the company securing default browser status on Apple devices and precedes a planned Series A in 2024.
"Being awarded default browser status by Apple is a huge milestone for the Chatloop team, who have worked tirelessly for the last ten months to ensure our app meets Apple’s stringent integration requirements. Our world-class browser is faster than both Chrome and Safari and default browser status across Apple’s products means that billions of people across the world can now enjoy the benefits of Chatloop every time they go online."
The strategic partnership and funding round will help Adimo scale its commerce media solutions.
"While many in the industry have been focused on retail media, commerce media has established itself as a growing, yet largely untapped opportunity. In today's unstable economy, brands need to ensure ads don't just build awareness, but also drive performance. FPC's investment and extensive network will support us in meeting increasing demand for commerce media solutions, help brands create better ad experiences, and deliver improved return on investment. We're dedicated to helping brands #makeitshoppable."
Sony Innovation Fund backs London interactive entertainment studio Scriptic in second seed close.
"Scriptic is emerging as a front-runner in the future of interactive entertainment, and we are excited to be partnering with the team for the next chapter of their growth journey in an area where we see tremendous opportunity. Scriptic’s highly scalable, efficient and sophisticated mobile-first approach pushes the boundaries of interactive content, and we believe the company’s UGC offering has the potential to take this further by empowering the creativity of millions of everyday storytellers."
The seed round was co-led by Chalfen Ventures and LocalGlobe to fund further product development.
"Since announcing Translucent in March we have been delighted by the volume of interest we have received. This fundraising allows us to further build out our platform and solve the accounting and finance problems faced by multi-entity businesses."
The third investment from Mercia Ventures and the North East Venture Fund will support four new hires and user acquisition.
"This latest round of funding will further assist with our scale up plans to secure more users of the app, through direct and partnership sign ups. It will also help us continue to enhance our technology platform to support the creation of a network of connected users to form a virtual power plant. This will help the National Grid to make the most of households ever growing smart meter network and accelerate the transition to a sustainable and secure energy network."
