UB Forest Industry Green Growth Fund led the round to support manufacturing scale and North American expansion.
"We are thrilled to have secured this level of investment in such a competitive environment. This round not only validates our approach but also positions us to capitalise on the growing demand for truly plastic-free packaging solutions in global markets, especially as we develop our material’s possibilities."
The robotics and data intelligence firm secured the capital from a syndicate led by DTCP to expand its artificial intelligence platform and global footprint.
"We are incredibly excited about the momentum we’ve built over the past 18 months,"
Optiver led the financing round with participation from FactSet, Nasdaq Ventures, IQ Capital and CTC Venture Capital.
"We are thrilled to welcome Optiver as a significant shareholder and are delighted to have the ongoing support from our existing investors who have backed the latest round. We have an incredibly diverse team of supporting investors, with deep-seated global market and technology expertise, and we are poised to scale the business further, as we build out and scale our data feed business and futures coverage and wider product offering globally."
"We believe this collaboration will provide us with significant expertise in enterprise software alongside deep operational resources which will play a critical role in fueling Avantra’s next phase of expansion."
The company secured the debt financing from BNP Paribas Leasing Solutions, Close Brothers Asset Finance, HSBC UK, and Siemens Financial Services.
"Securing this debt funding is a pivotal milestone in our journey to build a global fleet of over 3,600 HPUs, which will require over £2.5 billion in capital over the next decade. This funding will not only accelerate our expansion but also drive significant reductions in carbon emissions and improve local air quality while contributing directly to the UK’s net zero targets. Partnering with world-class debt funders like BNP Paribas Leasing Solutions, Close Brothers, HSBC UK, and Siemens Financial Services is critical to delivering this vision and achieving these goals. This milestone supports our commitment to a cleaner, healthier future and underpins the vital role of sustainable finance in advancing global environmental goals."