The financing round was led by Creandum with participation from MMC Ventures, Notion Capital and existing backers.
"It’s been an incredible privilege to work with such a great team building yulife over the past three years and we’re confident that the further funding will allow us to fulfil our vision of making life insurance a force for good. We’re grateful to receive backing from investors with whom we are so deeply aligned, and believe this will help us promote our proposition to inspire lasting, healthy change in people’s lives."
Fuel Ventures led the Series A financing for the on-demand removals platform.
"My first company was a 'man and van' removals service. I started the business when I was just 17 years old and built it from the ground up, but as disruptive apps and companies like Uber, Airbnb and Deliveroo began to gain popularity, I saw that my customers' expectations were changing. I decided to apply the same business model to the removals market, and that's where Shift started."
YFM Equity Partners has led a Series A investment in Elucidat to support team growth and platform enhancements.
"The Elucidat team has already gained well known global brands as customers and the business is growing strongly. We’re absolutely delighted to be working with the team at Elucidat to support the development of future products and further expansion into global markets."
The investment package from Frontier Development Capital will support expansion and recruitment at the virtual reality specialist.
"For a VR company we are unusual, because we are already profitable and already selling to many of the world's biggest brands. The one thing that has held us back is that we haven't had enough investment to expand as quickly as we would have liked. Frontier Development Capital's involvement now enables us to accelerate our growth."
The Series A round was co-led by Amadeus Capital Partners and Global Brain Corporation to support product development.
"Mobility is changing fast but transport decision-making is slow and expensive, based on poor data. Cities need to accommodate growth, improve resilience and serve an ageing population while improving accessibility, air quality and energy consumption. Operators are facing increasingly low margins and both market and technology disruption, and consumers are expecting an ever more seamless service. This is a large-scale system problem that requires digital transformation to integrate siloed assets and empower effective decision-making."
