Startup Funding Club and the London Co-Investment Fund back retail analytics provider Shoppar in their first co-investment.
"We are very excited to support Shoppar, whose technology allows retailers to revolutionise their in-store experience and gather more data from their physical locations. We’re also very pleased to close the first of many co-investments with the London Co-Investment Fund and we thank Funding London for their support in closing the transaction."
The retail analytics firm has raised new capital from Angel Academe and private investors to scale its operations.
"This is an exciting time for Clear Returns as investment is looking strong for 2016. The latest interest demonstrates the massive opportunity data in retail holds for the industry and how key influencers are now seeing this as a game changer, which will boost profits as customers keep more of what they buy"
Business Growth Fund has provided growth capital split between ordinary shares and loan notes to back the footcare provider.
"Shuropody is a unique business which is already a market leader in its sector. It has the potential to substantially increase its geographic footprint across the UK with an active roll out programme that expects to generate up to 200 jobs. The business model is well placed for expansion into garden centre concessions and is already working with two of the largest garden centre operators in the UK."