Bessemer Venture Partners led the round to fund international expansion and product development.
"Carwow’s consumer proposition is just as exciting, which is helping make car changing simpler for consumers across Europe – and with over 9 million car changes a year alone in the UK, we’re looking forward to supporting the Management team in growing the business and delivering on its true potential. Carwow’s focus on using its content expertise and footprint to drive its commerce services through dealer partnerships makes it unique and compelling in the category."
The funding round was led by Edge with backing from angel investors Simon Ward and Justin Cooke.
"Edit Cloud exemplifies the kind of pioneering spirit we champion at Edge. We believe in backing visionary businesses that push boundaries and create lasting impact. With Edit Cloud, we see a platform that not only leverages cutting-edge technology but also democratises access to post-production tools, which aligns perfectly with our own values. We are excited to partner with Edit Cloud as they transform traditional workflows and empower a new generation of content creators."
The round was led by TX Ventures with participation from several new and existing investors.
"Our view is that within the near-mid term, marketplaces will have to offer trusted payment solutions otherwise they will miss out on new business. Trustap, by providing escrow-like payment options and by lifting the operational burden off the shoulders of marketplaces, offers just that. The product is immensely scalable which is proven by the global presence of clients and the numerous categories Trustap facilitates among buyers and sellers."
ACF Investors backed the UK aircraft seating manufacturer to support team expansion and production research.
"Chris is a proven leader in the airline interiors industry, and his track record in founding and scaling aircraft seating businesses is second to none. We’re excited to back a true industry innovator, one that prioritises sustainability and customer comfort and is delivering such an exceptional product."
The funding package from the Development Bank of Wales and Visit Wales supports the hotel in achieving a four-star standard.
"With ten bedrooms and a 90-cover restaurant, the White Lion has always been a busy spot in Machynlleth which is popular with locals and tourists alike. During the second lockdown the White Lion varied its license and now opens from 8am for food and drink, with hot food served from 8am until 9pm seven-days a week, 364 days a year."
