Existing seed investors provided the capital to purchase advanced mining hardware.
"We are thrilled to receive this additional seed capital from our loyal investors and this will enable us to grow our mining operations substantially, over the next few months."
The investment was provided by Oxford Innovation Finance and the OION Angel Network.
"Hexigone’s innovative inhibitors can help protect metal assets for longer and provide the coatings industry with safe, cost-effective alternatives to heavy metals, phosphates, and other toxic chemicals. As the industry begins to recognise the unique approach of our anticorrosion technology, this new investment enables us to effectively utilise our market position and continue our work with leading specialty chemical distributors globally."
The funding round was led by Northzone with participation from Cocoa Ventures, Seedcamp, Upfin VC, and Fost.
"I’ve seen first-hand the time-consuming and fragmented processes SMBs must deal with when managing money. SMBs and financial professionals have to jump between apps and spreadsheets to pay invoices or make and chase international payments, all while trying to keep track of and manage cash flow. Mimo bundles this into a single tool so that businesses can easily manage the movement of their money and receive payments in any currency, faster. We’re delighted to be backed by our investors to help give SMBs full control of their finances."
The pre-series b round was led by Samaipata and Stage 2 Capital to support client acquisition and technology development.
"With the cost of failed hires estimated to be three times their annual salary, Veremark’s efficient solution to background screening is helping businesses make fully informed hiring decisions. Despite a global slow down in recruitment, the company has continued to deliver exceptional growth due to the value it brings to customers. We are excited to continue backing Veremark’s remarkable growth journey as it continues to redefine workplace compliance and screening."