Adjuvo led the latest round, which takes the company total to £12.8m and prepares the firm for its first product deliveries.
"Skarper is set to establish itself as a major player and novel part of the fast growing e-bike market with a unique device that could revolutionise the sector. Cycling is a $100 billion industry and is only forecast to grow as new assistance technology is developed to enable more people to use it both as a form of transport and recreation. Everything we have seen suggests Skarper will therefore generate enormous customer demand globally."
ETFS Capital led the Series B financing, with participation from XTX Ventures, to support international expansion and product development.
"With the digital evolution of credit now inevitable, we are pleased to have ETFS join our team given their deep experience in capital markets innovation. Building the best-in-class dataset for one of the world's largest asset classes remains an ambitious task, and we are excited about the opportunities ahead of us."
The funding round includes backing from SFC Capital and Clearance Venture Partners to support research and development.
"We are thrilled to receive this substantial support from such high profile investors and grant providers. This funding not only validates our vision, set out in our early days in the Venture Builder Carbon13, but also empowers us to accelerate our growth and bring transformative solutions to the housing market."
The investment round was led by the Midlands Engine Investment Fund II to support technology development and capacity expansion.
"This funding is a significant milestone for Warehow. It will enable us to accelerate our growth trajectory and execute our business plan more effectively. We’re excited about the opportunities and challenges ahead as we continue to scale."
The round was led by TMV with participation from Ultranav, MOL PLUS, and East Innovate.
"It's crucial that we invest in solutions which can have an immediate impact to improve the sustainability and efficiency of legacy industries like shipping."
— Marina Hadjipateras, Co-founder and General Partner