Smedvig Capital leads the Series A round to accelerate growth and expand operations at Profile Financial Solutions.
"Consumers are currently under serviced by the traditional IFA market, meaning that millions are unable to receive independent advice. We hope that by combining accessible technology with great customer service we can fix this problem. The investment from Smedvig will enable us to improve our digital capability and fund our expansion to meet the increasing demand for our services. With major changes to pensions just around the corner, we’re looking forward to welcoming many more clients to Profile and helping make their money go further for them."
The recipe box company has raised £5m from Unilever Ventures and MMC to fund product innovation.
"We are very excited to announce the next round of funding for Gousto. We have enjoyed working with Timo and James over the last year. Their speed of execution and drive is inspiring and this round of funding gives them the platform to really go after the opportunities in the online grocery market."
BASF Venture Capital, Octopus Investments, and Entrepreneurs Fund joined existing backer Finance Wales to fund the commercialisation of SmartKem's tru-FLEX materials.
