The seed funding will accelerate commercial partnerships with creators and metaverse platforms.
"Culture and community are what drives music forward. It’s how we connect with where we’ve come from and where we want to go. Condense’s technology is opening up a new platform for these communities and cultures, diversifying the voices in the metaverse by making it live and accessible. It’s got the potential to inspire and empower a new movement of artists and fans. This is both exciting, and significant."
Molten Ventures led the seed round for the London based sustainability startup, with backing from Norrsken and several angel investors.
"We’ve seen a big shift towards businesses embracing the ‘carbon accounting’ space. Whilst this is a helpful tailwind, inaccurate data sets and a resulting lack of granular calculation, leads to generic emission factors that can leave organisations open to charges of greenwashing. We, at Altruistiq, are focused on fiving businesses the data engineering tools to better understand their actual impact, whilst also enhancing their credibility on sustainability."
The extension round values the eldercare marketplace at £45m and will support national expansion and product development.
"COVID-19 has supercharged the move of the later living industry from offline to online, from the initial search process and how care seekers engage with later living communities, through to the adoption of digital care plans and new operational technologies"
