The equity campaign attracted participation from eToro, The Holt Xchange, and Terance Butler Holdings.
"The democratisation of financial information is the result of a global demand to access better education and deeper financial insights for a broader audience. We have been impressed with the team’s mission at CityFALCON and pleased to further support them in this seed round"
Gresham House Ventures has backed Fu3e with £3.5m to support product development and sales expansion.
"When first approached by Gresham House Ventures, we knew that we had immediate synergy and were aligned on the potential of fu3e. as a real market disruptor. The value that the Gresham House Ventures team brings through funding and scaling expertise will accelerate fu3e.’s ability to increase industry awareness and expand market share. This comes at a pivotal time for an industry that is increasingly moving towards digitisation and rethinking and adapting the way employees work. Now, professionals are embedding technology into their decision-making, redefining skills, talent processes and practices to help them prepare for the future."
The oversubscribed seed round will support staff recruitment and design work for a commercial plant in Scotland.
"Our technology takes a low-value forestry co-product and turns it into essential chemical building blocks, with all manner of applications across the chemical industry and beyond, delivering significant environmental and economic benefits. This investment will enable us to push on and commercialise the technology, and is a fantastic show of support for what we believe to be a world-changing innovation."
The funding round was led by Ashcombe with backing from Grosvenor and PiLabs to support growth in the commercial real estate sector.
"This investment underlines the confidence that both the property industry and investors have in our technology as key to reducing the impact of buildings on climate change. Demand Logic is far and away the fastest route to net zero for property stakeholders. This funding, and the huge injection of domain expertise from our new Chair Gavin Starks, marks an upward change in gear for Demand Logic as we step up our intensity and determination to decarbonise the commercial real estate sector. We are now recruiting across all parts of the business, so please get in touch if you feel you have what it takes to help us."