The Bristol-born food and drink discovery app secured the capital to launch in multiple new UK cities.
"We’re delighted with the round – it’s a huge show of support in all the hard work we’ve put into the platform, and means that we are well-capitalised to deliver on our plans for the coming years."
The seed round was led by the founder of Fitness First to support team expansion and technology investments.
"It’s great to have brought in such a distinguished group of investors. In much the same way Fitness First pioneered health clubs, we want to bring the club model to the bike industry."
Deepbridge Capital has backed Touch Biometrix in a Series A round to support the commercialisation of its fingerprint sensor technology.
"This new and substantial investment from Deepbridge will enable Touch Biometrix to build upon its development work with the aim of defining its first minimum viable product ahead of scaled product in early 2020."
The funding round was backed by the Inspire Wales consortium, Angels Invest Wales, and the Wales Angel Co-investment Fund.
"It was a really inspiring event, and I was struck by the knowledge of the Inspire Wales investors and their willingness to back entrepreneurs in Wales with both investment and expertise. I approached Caroline Thompson, BeTheSpark CEO, and asked for an introduction. She “encouraged” me to introduce myself which I did, and that started a world-wind funding journey for Jenny Kate. I pitched to the Inspire Wales Investment Committee the week after and they agreed to fund me. Four of their group (Hayley Parsons, Ashley Cooper, Richard Calvert and Roger Gambarini) all agreed to personally fund in addition. I am so thrilled to be supported by the Inspire Wales Consortium, by the Angels Invest Wales and the Wales Angel Co-investment Fund, and by some of the most experienced Angel Investors in Wales alongside increasing corporate banking support from Santander. I am so privileged to have recruited a fantastic initial team working in the business, and to have such an amazing wider stakeholder group. We have huge plans and see a real gap in the market for our fresh nature-inspired British brand."