The funding round was led by Archangels to support international expansion and product development.
"In a post-pandemic world, web-based clinical triage is becoming an increasingly an important part of how healthcare is delivered in the UK and globally, providing a vital service and reducing the burden on healthcare teams. I have no doubt that the clinical depth of the PhysioWizard product, which has been developed over many years, will ensure that it becomes the leading digital triage solution not only in the UK but globally."
The travel card provider surpassed its crowdfunding target in under two hours after drawing support from more than 350 private backers.
"There has been phenomenal demand amongst investors, clearly demonstrating the scalability and need for a viable solution to the foreign exchange trap that we’ve all been forced to endure for too long."
The financing round includes backing from Kima Ventures alongside a UKRI award to adapt the digital health coach for older adults.
"Age UK Lewisham and Southwark exists to improve the lives of older people, working towards a future in which all people are valued, safe, and empowered to make choices about their lives."
Claret Capital Partners backed the digital innovation services provider to accelerate its global expansion.
"Claret Capital Partners is one of the most respected financial firms in Europe and the company’s track record in helping fuel the growth and success of industry leaders is unmatched,"
The London data science firm has secured a £15.2m Series B investment led by Oxx alongside AlbionVC.
"At PepsiCo, Trendscope has been instrumental in the development of new products and staying ahead of mainstream consumer preferences by monitoring data from Twitter, Reddit, and other online sources. During the pandemic, for example, we saw an increase in conversations and posts about seltzer makers and new flavours in lieu of consumers being able to consume their favourite beverages out of the home. This insight helped PepsiCo prioritise and fast-track the development of new products like Bubly Drops to take advantage of this growing territory."
