The insurtech startup has raised seed funding from SFC Capital and the European Space Agency to develop its technology and grow the team.
"The insurance industry is changing and adapting to the world as it evolves. Climate change is a challenge for many industries and it is innovative technology like BirdsEyeView that will help the industry to move forward. We are very excited to be a part of BirdsEyeView’s growth journey and look forward to supporting the team in as many ways as possible."
Chalfen Ventures and Anthemis Group led the seed round to support team expansion and product development.
"Opply saves brands and suppliers vital time, allowing them to focus on running their business. The platform takes what was a highly fragmented market and a frustrating, time-consuming process for both parties and brings it firmly into the modern global retail environment,"
Antler led the seed round with participation from notable angel investors to support platform development.
"As one of the world’s most active early-stage investors, we are typically the first money in and continue our support with investments up to Series C. We invest in only 1% of more than 50,000 founders we meet annually and currently have 40+ companies in our UK portfolio. We were impressed early on by the drive of Mast’s co-founders, who instantly stood out. After backing the team with their first investment, we are thrilled to lead this next round as well. The broader participation of other great investors is further validation that there is significant support around applying deep industry experience and new technologies to solve this decades-old problem in lending."
NoBa Capital led the pre-Series A round, which will fund product innovation, marketing, and entry into new markets.
"This fundraise means a lot. It is validation that what we are building is solving a genuine and far-reaching problem which, for too long, has been left unaddressed."