Green Angel Syndicate led the investment into the energy efficiency start-up.
"Heating accounts for half of energy consumption globally, and over a quarter of total CO2 emissions. If we are to cut greenhouse gas emissions to net zero – as we must do over the next decades – we need to massively increase energy efficiency in housing. AirEx has developed a solution that is smart, simple, cost effective and easy to install – so it is no surprise to me that the company has been selected by Ofgem. Green Angel Syndicate is extremely proud and excited to be backing the highly experienced and enthusiastic AirEx team, led by Agnes, and looks forward to supporting the company in its rapid growth."
Parkwalk led the Series A financing to support product development and commercialisation.
"This funding marks the start of the next phase in Paragraf’s growth. I am extremely proud of the young team at Paragraf who have collectively delivered the early strategy milestones with great skill. This next phase will allow Paragraf to make these truly game-changing technologies a reality. Paragraf is continually seeking like-minded collaborative development, production and commercial partners to accelerate the delivery of the many exciting electronics technology opportunities graphene has to offer."
Delin Ventures, firstminute Capital and MMC Ventures backed the round to support engineering expansion and product delivery.
"I’m delighted with the confidence that our investors have placed in us. This investment will enable us to deliver to our customers faster and make possible a paradigm shift in the $2Bn analog IP market."
The seed round was led by Ocado with participation from Hoxton Ventures, firstminute capital and Taylor Brothers.
"At Karakuri, we are dedicated to providing smart new ways to create and prepare fresh personalised meals. Consumer eating habits in and out of the home are changing rapidly as demand increases for healthier options that match specific dietary requirements. This growth in menu personalisation is putting huge pressure on restaurants, cafes and other food retailers. These providers have historically relied on identically mass produced meals to maintain their profit margins. By using robotics and machine learning, Karakuri’s systems provide localised micro-manufacturing within an existing restaurant, retail or commercial kitchen. Our systems prepare personalised meals onsite in real time to the exact requirements of each customer. At the same time, our technology aims to minimise food waste, packaging and distribution costs and all of the associated environmental impact."
