The Birmingham technology company secured the follow on debt investment from the Midlands Engine Investment Fund to support job creation and digital marketing.
"At Learning Labs we believe that every child and young person across the UK deserves to be getting the best from their education experience. Our product supports teachers in unlocking the potential of non-native-speaking students without the need for time and budget resources that many schools and colleges do not have. With this MEIF loan, FSE has provided the right funding at the right time to support this next phase of our growth as we continue to develop our offering, expand into the FE market, and further scale the business."
The round was led by XTX Ventures to support expansion across health and wellbeing markets.
"The demand for alternative pathways to access mental healthcare is enormous, and continues to grow by the day. We’re committed to disrupting traditional approaches to healthcare to help improve the quality of people’s lives, and we’re particularly focused on the perinatal mental health sector. With the support of XTX Ventures, Foresight Group and Praetura Ventures, we’ll strengthen the rollout of new clinical trials and product development, and champion the benefits of technology for reinforcing healthcare provision on a national, regional and global basis."
TSP Ventures has led a seed funding round into Wastewater Fuels to support the development of microbial electrolysis technology.
"We are over the moon to have TSP Ventures join our journey. The guidance we’ve received from Chris, Mike and team has helped shape our vision for Wastewater Fuels and set solid foundations for rapid technology exploitation. Our goal now is to deliver the promise of MEC technology – zero emission hydrogen, produced adjacent to where the need for clean energy is greatest; and net energy positive wastewater treatment. Our researchers and engineers are building hundreds of prototypes that push the frontier of energy efficient fuel creation and wastewater treatment. We foresee our modular and scalable system changing the world for the better, from lowering utility and fuel bills, to reducing the spread of disease and fighting climate change."
Jenson Funding Partners provided the follow-on capital to support product development.
"With the growing cost of living crisis and inflation continuing to rise, consumers are looking for more ways to make their money go further. Services like ours are really important and helpful from that respect as our mission is to help car owners save money on otherwise costly repairs. By bringing together the most trusted local repairers into a single platform, we’re able to provide motorists with the highest quality repairs at more affordable prices. This investment will only help us develop our product further and give even more customers the opportunity to save their hard earned money."
