Maven Capital Partners backed the Manchester-based compliance tech firm with £2m from its managed VCTs.
"MirrorWeb is a fantastic northern technology business which has developed genuinely novel technology. We know the team extremely well, having originally provided funding through NPIF, and today’s investment represents an excellent opportunity for the Maven VCTs to back an innovative business with the opportunity to expand quickly in both the UK and internationally. We look forward to helping the business accelerate its growth in these markets."
The telephone payment compliance provider has raised £1.2m in a pre-series A round led by Bloc Ventures to scale its teams.
"We are delighted to be joining the Bloc Ventures portfolio. Bloc’s team has unparalleled expertise in deep technology and we are convinced it is the right partner to support us on the next stage of this journey. Our technology has the ability to radically lower the high cost of entry that is prevalent in the telephone payment segment, and with Bloc’s financial and strategic supportwe are confident that we can build on the strong momentum we have generated over the last four years."
The funding round was led by Downing Ventures alongside Publicis Groupe, London Co-Investment Fund, and University of Bristol Enterprise Fund.
"There has been a major generational shift in consumer behaviour that has stemmed from a trust crisis – trust in institutions, in brands, and in advertising is at an all-time low."
Midven led the seed financing round to support team expansion and product development.
"This investment marks a significant step forward for D-RisQ, enabling us to form a valuable partnership with Midven and the MEIF. The additional finance will accelerate the Company’s growth and provide access to additional business expertise, enabling the transition from a research and development company to a major supplier of automated software development tools."
Angel Academe led the seed investment in the cyber-security platform.
"For such an early stage business, Eva and the Bewica team were extremely well-organised and ready for investment. With the drastic increase in virtual working and business conducted online, cyber fitness is a major and growing concern for SMEs, so the timing felt right. Also, Bewica was developed in partnership with customers such as banks and insurance providers as a direct response to the growing threat of cyber crime for their own clients, so the product-market fit was another strong reason to invest. We’re excited to see what the future holds for Bewica and happy to be counted among their early supporters."
