Accel led the Series B round to support platform development and go-to-market expansion.
"GenAI has pushed the boundaries of what’s possible with design, but for creative professionals working at the break-neck speed of today, velocity means little without quality and control. Recraft was built with one core idea: AI should amplify creativity, not compromise it. With this funding, we’re doubling down on our commitment to creative teams, providing the tools they need to stay on-brand and scale quickly."
The oversubscribed round was led by Stolt Ventures with backing from Scottish Enterprise and Aqua-Spark.
"Our customer is at the heart of everything we do, and this investment allows us to meet the needs of farmers globally by expanding our portfolio, hiring top talent, and deepening our data capabilities. Having the backing of Stolt Ventures represents a pivotal moment in Ace Aquatec’s mission to revolutionise the aquaculture industry through welfare-first innovation, while providing vital employment opportunities. Stolt Ventures represents the perfect strategic fit given Stolt-Nielsen’s leading position in Stolt Sea Farm. This investment, alongside Scotland’s national development agency Scottish Enterprise, will ensure strong local support for the team which has drive, innovation and ambition to be a global player. Our incoming investors complement our existing shareholder group, particularly Aqua-Spark, who continue to provide long-term support for the business"
"Having gone through it myself, I know just how tedious and time-consuming it can be to manage the logistical side of onboarding and offboarding employees. Back when I was Head of IT Operations at Revolut, my team and I spent a significant amount of time manually arranging equipment shipments for new hires. Tequipy’s mission is to make IT equipment management as simple and efficient as possible. Companies can quickly deliver gear to employees and retrieve it from anywhere in the world, cutting through chaos and unnecessary procedures, and allowing them to fully focus on growing their business."
Fuel Ventures led the investment round, which also saw participation from Active Partners and angel investors.
"The fragmented nature of the construction industry creates a frustrating trading environment for both customers and suppliers alike. Faced with an uncertain economic climate and ambitious government targets, maximising efficiency in the procurement process has never been more important. We are thrilled to be working with Active Partners, who bring a wealth of consumer-side experience, as well as Tom and James, whose expertise will play a pivotal role as we take this exciting next step in our journey."
