The funding round was led by Dorset Business Angels to support the rollout of a new car trading platform.
"At Honk Honk we decided that we wanted to go full end-to-end cycle, not only allowing the general public/consumers to sell their cars to dealers but also allowing dealers to sell their inventory back to the general public. We also arrange finance and provide buying and selling support and home collections and deliveries. We launched on 1st September 2023. The launch has been staggered, initially launching just the selling part of the journey of cars to dealers. We plan to launch the buying part of the journey (dealers to consumers) in January 2024."
The funding round was led by East Innovate to support team growth and international expansion.
"We believe that time and location-based markets for energy and flexibility are foundational to the fastest, cleanest path to Net Zero energy. But, when Electron started developing these markets six years ago, the policies, business models and technologies required to support such markets were still unclear."
The funding follows a previous £1m investment from Royal Mail and supports independent pharmacies transitioning to digital operations.
"Longer-term this is good news, but right now many pharmacies are focusing more on survival and will struggle to fulfil the new expanded role planned for them by the Government"
The funding round was co-led by QVentures, Blackwood, and Ferdinand Ahorner to support platform development.
"I think it’s extremely important for platforms like PROSPECT 100 to exist. There’s so much talent hidden in our world, it’s great seeing people like PROSPECT 100 giving a platform for them to be noticed,"
The investment was led by MUSIC and will fund international expansion alongside new ticketing features.
"The live music industry is adopting DICE faster than ever and proves our thesis that if you treat fans well, they buy more tickets, and go out more often. We’re investing heavily in building even more technology and this year alone we released over 60 new features for fans, venues and artists. I’m excited that Matt (Pincus) has joined the Board and we’re more focused than ever on our mission to get fans out more."
