Turquoise International backed the electric vehicle software developer through its Low Carbon Innovation Fund 2.
"Spark’s technology addresses an important barrier to EV adoption, for passenger cars as well as buses and trucks. With EVs likely to make up 30% of global car sales by 2025, accurate range prediction is essential. This investment is consistent with LCIF2’s remit to support innovative, low-carbon technologies in the UK."
"We are over the moon to have secured funding from some of the leading UK investors and entrepreneurs so that together we can now help even more parents."
The artificial intelligence platform has closed its first funding round.
"Despite the challenges of this lockdown period, Keepme has seen some great successes and continued to grow. The investment will allow us to invest in the resources to continue our development that has seen us gain customers in eight countries in the last twelve months,"
The rental deposit lender raised capital through a loan note with backing from Passion Capital, Truesight, and the UK government Future Fund.
"We were in the middle of raising our seed round when COVID hit and fund raising largely paused as investors re-assessed, recalibrated and got used to a Zoom-first world,"