The funding round was led by Fuel Ventures to support European expansion and the development of advanced platform analytics.
"Sourcing brands as an independent retailer is close to impossible, an experience I went through myself when running a multi-brand retail shop in London,"
The Series B round was led by Insight Partners with participation from Stride.VC, Chalfen Ventures, and the SAP.iO fund.
"Uncoordinated digitisation has made business noisier. Email is broken, chats are a mess, and getting work done is hard. SEDNA’s single digital workspace makes business communication flow. Our intelligent and collaborative email stream breaks down silos so our customers work faster. We’re excited to work with Insight – a true scale partner that understands how our platform will deliver enormous value to customers in this complex world."
The Series B extension combines debt and equity to support nationwide campaigns and expansion into the US market.
"As our customer numbers continue to grow, we’ve taken the decision to raise additional capital to service this phenomenal demand. As Zilch continues to scale at pace, we’re delighted that well-respected institutions such as Goldman Sachs and DMG Ventures share our vision of what credit should be in today’s world and how that can be delivered directly to customers in the most responsible way. By putting our customers first and building direct relationships with each of them, we are doing something no one else in the industry has done before."
The round was led by NPIF - Mercia Equity Finance with participation from Deeptech Labs and In-Q-Tel.
"Data scientists and machine learning engineers can spend up to 80 per cent of their time sourcing, cleaning and organizing training data. Our Chameleon platform solves this challenge. This round will enable us to open up our platform to even more customers in the US, Europe and Asia-Pacific, enabling them to build AI vision solutions that better understand the way humans interact with each other and the world around them."
Pale Blue Dot led the oversubscribed pre-seed round for the London-based climate risk startup.
"Lukky and Kamil are two amazing founders with the domain expertise that we believe is necessary to win in this market. We are very excited to join them on this journey and see Climate X introduced to the world,"