The Manchester based venture capital fund led the round alongside existing backers to support team growth and international expansion.
"From day one we have been committed to transforming digital fundraising by putting charities first. Our products put charities front and centre to enable them to raise more for their cause. This investment will play a crucial part in our journey to be the number one for charity fundraising in the UK and beyond, by helping us to rapidly scale our team and roll out new products to help the third sector."
Guinness Asset Management led the Series A round to support product development and team expansion.
"We are delighted to welcome Guinness to the Neighbourly team and for Ashley to join us on the board. He immediately understood the Neighbourly proposition and the value it delivers for businesses and local good causes alike, against the backdrop of the rapidly evolving ESG landscape. Our strong belief is that businesses must prioritise the proven power of local good causes, who are the backbone of our communities. A thriving community and resilient population of hyper-local causes is vital to the success of both society and the economy."
The social investment application raised £14.4m in a Series A convertible offering led by Ventura Capital.
"There is a revolution going on in retail investing. Invstr is here to support that revolution against the new and old dark forces of the financial establishment. We’ve taken the best investment techniques from the rich and made them available to everyone. We help our community members understand their individual investing style and performance, choose stocks that suit their portfolios, share ideas publicly, in groups or private messages, test out their strategies in Fantasy Finance® before they take any real risk and then perform all of their banking and brokerage needs in a single place. Our members are winning the fight. Our real money $100,000 Challenge and Invstr Fantasy League champions are spectacularly outperforming the market and Wall St."
LHV Group has committed £4.5m as part of B-North's ongoing £20m Series A fundraise.
"We are delighted to welcome LHV as one of our lead investors. It is great to have the opportunity to work alongside a business that shares our belief in the importance of backing growing enterprises – and one that has a strong track record for doing so."
The funding will be directed towards research and development while the company native token integrates with Fireblocks.
"While blockchain has been a revolutionary phenomenon in its own right, a lot of people have been conveniently ignoring the disruptive potential autonomous technologies pose to our industry,"
