The funding round was led by Puma Private Equity with participation from Active Partners and Gresham House Ventures to expand international operations.
"TravelLocal has performed very strongly again coming out of the pandemic as people travel extensively – and increasingly with a strong desire to do so in a more sustainable, meaningful way, that supports local people and economies. Our unique business model enables everyone to do just that. This funding round reflects the excellent growth opportunity we now have, and the first class team we have built to tackle it."
The Series B round was led by Pivot Investment Partners and e& capital to scale the company artificial intelligence platform and expand operations.
"As B2B fintech investors, we invest in high-quality management teams with deep industry expertise who bring distinctive and durable tech-enabled solutions to addressing key-critical needs. With less than 1% of global trade occurring digitally, modernising trade finance represents a massive opportunity. We have been greatly impressed by Traydstream’s team, platform, and strong traction with clients across geographies. We look forward to partnering with the leadership team on this exciting next phase of the company’s growth, accelerating momentum and serving the needs of a fast-growing roster of clients, both banks and corporates."
BlackFin Capital Partners led the Series B round, which will fund product development and market expansion.
"This financing round will enable us to double down on our mission of providing financial advisors with cutting-edge technology that simplifies their workflow, elevates the client experience, and ultimately improves financial outcomes for millions of people in the UK. I’m truly delighted that our mission has resonated so deeply with financial advisers and our valued investors. The UK’s financial advice market represents a staggering £1 trillion in AUM, and we aspire to rank among the top three providers of technology and Model Portfolio Services for IFAs within the next three years."
Snowflake Ventures joins existing backers to support the delivery of granular market data on the cloud.
"We are very excited to have secured strategic investment from Snowflake Ventures. They are backing, and are aligned with, our mission to democratise access to high quality, large-scale historical data because BMLL’s data and analytics is one of the best use- cases for large-scale, financial market data in the cloud. Financial market players, including Snowflake’s customers, do not need to dedicate time and precious resources to engineer these large unstructured data sets to make them usable, and store unusable data in the cloud, over and over again. The cost and collective inefficiency of every organisation doing this themselves, is simply eye watering. We make our vast warehouse of curated Level 3 data and analytics readily available to the market and ultimately ensure that everyone can optimise their data capabilities. Clients differentiate themselves by what they do with this data, not by owning it."
The Series B round was led by ETF Partners, Trill Impact and A&G to support international growth and product expansion.
"Since launch, we’ve viewed Open Cosmos as more than a space tech company; we are agents of change, harnessing the power of satellite data to drive meaningful impact on Earth. Our successful Series B funding, with the support of such prominent ESG and impact investors, is a testament to our commitment to sustainability and innovation."
