Downing Ventures and Gresham House Ventures led the oversubscribed financing round to support growing demand for digital SME lending.
"The current crisis has accelerated the trend towards digitisation and the use of intelligent decisioning that uses access to live data. We are delighted that our investors are seeing the significant opportunity to transform SME lending to make funding more accessible, more affordable and more sustainable through the deployment of our intelligent infrastructure."
Kernel Capital increased its backing alongside Accelerated Digital Ventures, Wharton Asset Management, and Clarendon Fund Managers.
"We are delighted to receive this injection of investment from Kernel and our other investors so we can continue our work with existing customers and advance new customer applications."
Nickleby Capital led the Series A financing round to support technology development and service growth.
"Medefer was born out of a desire to empower the NHS to deliver a radically faster, safer and more effective service from referral, through diagnosis, to treatment and discharge. Our software can fundamentally transform the delivery of outpatient services. This funding round will enable us to support the NHS during its most challenging times in its 72 year history, and to continue to innovate in virtual specialist care."
— Bahman Nedjat-Shokouhi, CEO and Consultant Gastroenterologist
BGF has backed the Wakefield-based transport management software provider in a Series A round.
"When we started the business there were clear gaps in how special needs schools and hospitals were managing transport services. Our business is based on getting care to people who need it as quickly and efficiently as possible and this investment is going to fast track the roll out of our technology while also expanding the team to make that vision a reality. BGF clearly understood our mission and the pressing need for a technology-based solution to make specialist transport services as efficient as possible."
Earlybird led the investment round, which will fund international expansion and platform development.
"We want to help everyone become wiser, empathetic, and fulfilled. I believe learning about ideas and insights shaping our future, and stories that move us can do exactly that,"
