The oversubscribed round was led by TCV with participation from Insight Partners and existing investors.
"The way software is built is fundamentally changing, making artifact management mission-critical for developers, cybersecurity professionals, and platform engineers alike. Enterprises need real-time observability, security, and control over their software supply chain. This new investment will help us to keep scaling up to meet the needs of the world’s largest and most complex organizations."
ETF Partners led the Series B round to support the company as it scales its footprint across Europe and the US.
"Our AI agents take away the annoying bits of the work, empowering humans to focus on actually delivering projects on time and on budget, and in doing so, benefiting entire communities. This funding allows us to expand our reach, transforming construction at a time when smarter solutions are critical."
Fintex Capital provided an asset-backed facility of up to £10m as part of the first close.
"The Fintex investment allows us to accelerate our growth, while ensuring rider safety and maintaining responsible operations. We are also excited to widen access to our scheme and diversify our fleet by introducing three new e-bike types. We remain committed to long-term partnerships with cities and public transport providers to realise our vision of affordable, sustainable mobility for all, and with this financing, we are making excellent progress towards that goal."
The Series B round was backed by Marubeni Corporation to support the development of a major recycling facility in Teesside.
"We are proud to welcome Marubeni as a strategic partner at this pivotal stage in Altilium’s growth journey. Their investment strengthens our position as leaders in sustainable battery materials and reinforces our commitment to building the UK’s largest EV battery recycling facility. Together, we are advancing our mission to create a UK closed-loop supply chain, reduce dependency on imported materials and lowering the environmental footprint of battery production. This partnership marks a major milestone in establishing a truly circular economy for the UK’s battery industry."
Haun Ventures led the Series B round as BVNK establishes a presence in San Francisco and New York City.
"Today’s consumers want payments that happen as fast as the internet, across borders, and without compromising security. Stablecoins offer that solution and are helping update the financial system. Coinbase Ventures is excited to invest in BVNK as they seek to drive greater global adoption of stablecoin payments."
— Shan Aggarwal, Vice President of Corporate and Business Development, Ventures
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