A consortium of investors including Tinie Tempah and Harry Redknapp backed the round.
"The world’s most valuable resource is no longer oil but data, and as a result of this everything that happens online is being tracked. The majority of websites we visit and apps we use place trackers on us to follow our movements and understand our behaviour. These trackers enable tens, and sometimes thousands, of companies to collect our information and they consequently exploit or sell it to make money from our data."
The Seed round was led by Adjuvo with participation from Haatch Ventures, Unbundled VC, and multiple angel investors.
"Until now, receipts have represented nothing but waste and a wasted opportunity. We’re transforming the humble receipt from its static, destined-for-landfill status into a data-rich source of customer insight. The response we’ve seen from our early adopter retail partners says it all: our software drives engagement and unlocks valuable customer data. We’ve seen huge spikes in everything from email sign-ups to app downloads for the brands using our software. This investment will enable us to work with more retailers, make our products even more impactful, and prevent billions of receipts from heading to landfill."
The pre-seed round was backed by Heartfelt Capital, Abac Nest, and Bolsa Social Fund to accelerate platform development.
"We all know someone who has been affected by dementia in one way or another, and it is only growing. By 2030, there will be over 78 million people living with dementia, so it is time to redefine cognitive care models,"
The funding round was led by Fuel Ventures to support international expansion and product development.
"This fundraise is a recognition of the huge potential of ekko’s business, and the resonance of our mission. Welcoming investors of such calibre as Fuel Ventures, Sorven and Mishcon de Reya, is hugely encouraging. ekko is a very scalable business, and we’re looking forward to seeing the wider influence that this raise will have on our product growth and impact partners, too. The time to act on our current climate situation is now. With this raise, we aim to be the disruptor in the market and enable banks, fintechs, and payment providers to empower their customers to have a tangible and meaningful impact on our world."