Mobeus Equity Partners has provided £3m in Series B funding to accelerate product innovation at Preservica.
"Mobeus supported the spin out of the original Preservica technology platform from its successfully exited portfolio company Tessella. Since 2016,we have partnered with Preservica to drive its international expansion and further technological development by providing an overall commitment of $12.8m (£10.0m). We continue to be impressed by the team’s progress against its core operating KPIs and believe the long term market drivers around privacy and governance make this a very exciting opportunity."
The financing round was led by Anthemis with participation from Connect Ventures, Northzone, and Temasek.
"Our vision when we founded TrueLayer, where Open Banking is the default pipe to move money, instantly and safely, is becoming reality. This raise will help us on that journey to open up financial infrastructure, and enable access in new geographies and across new industries."
Alan Howard led the Series C round, with participation from James Blair and The Pritzker Organization.
"I look for companies that are addressing extensive market opportunities, are rapidly growing, and have experienced leadership teams. I strongly believe Signifier is one of those companies, and I am pleased to support its transformational innovation to address sleep and breathing disorders and chronic care management."
— Alan Howard, VC investor and co-founder of Brevan Howard
The financing round was led by Erik Langaker to support ongoing production scale and manufacturing optimisation.
"We are delighted to welcome Erik to the Board. He brings us valuable experience alongside market-relevant knowledge at a pivotal time, as we scale the business towards our vision of a trillion flexible integrated circuits."
Lloyds Banking Group, Nationwide Building Society and 83North led the Series C round to support product enhancement and global expansion.
"Together with our supportive shareholders, Form3 is reshaping payments technology to the next evolution of real-time payment processing without borders."
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