The Manchester-based delivery software provider secured backing from Chrysalis Investments to support product development and global expansion.
"We are delighted to provide Sorted with additional capital which will enable them to execute their ambition growth strategy. The recent pandemic has accelerated channel shift and Sorted are well placed to benefit from this trend, evidenced recently by some very exciting enterprise customer wins."
The seed round was led by Veridian Ventures to support UK market growth.
"We are very excited to be supporting GridDuck on its journey of growth. We find their value proposition compelling, their platform impressive and scalable and believe they can develop into a real game-changer for how businesses manage their energy consumption and environmental impact"
BGF has backed the energy analytics provider in a multi-million-pound transaction.
"The funding from BGF is a huge step forward in scaling the business, allowing us to meet our goal of empowering businesses to hit "net zero" emissions through clearer and more timely data and insights. BGF’s expertise in the field of cleantech and its commitment to sustainable investments made it the natural partner to facilitate our growth plans."
The Series A round was led by IQ Capital with backing from Cambridge Enterprise and Silicon Valley investors.
"Nyobolt batteries remove the limitations presented by conventional lithium-ion batteries. They are perfect for applications that require high power and ultra-fast charge. The recorded performance of our batteries represents a paradigm shift in battery technology and we are pleased to play our part in accelerating a greener, more efficient future, powered by world-class batteries."
— Sai Shivareddy, Co-founder and Chief Executive Officer