The Series A round was co-led by General Catalyst and Voyager Ventures to support software development and market expansion.
"We’re delighted with the fundraise, and to be continuing our close work with General Catalyst. I’m also very excited to be welcoming Voyager on board, bringing their deep climate expertise to the world of logistics."
The Rotherham-based clean energy startup raised the capital to scale its microwave technology and launch a pilot project.
"Hydrogen is rapidly emerging as a sustainable way to decarbonise the economy, but cost, availability, and other practical issues have held back its use. Our technology offers a way to overcome these and provide clean, low-cost power on-site. For some organisations, Suiso’s on-site hydrogen generation may be the only realistic ‘green’ option – for example, energy-intensive industrial applications such as large boilers or furnaces, heavy lifting gear, or HGV and truck refuelling. This investment will help us move to the next stage on our journey to bring it to market."
Volvo Cars Tech Fund led the Series A round to integrate adaptive charging software into next-generation electric vehicles.
"The investment and commercial partnership with Breathe helps us address a familiar pain point for electric car customers and makes our charging performance even more competitive, Faster charging times, in the range where customers typically fast charge, represent a major step in the right direction as we continue to boost electric mobility and make it available to more people."
The financing will accelerate the growth of the MARCO platform and its supply chain tracking capabilities.
"The investment by a strategic investor who has tried, tested and implemented our technology and Wealth Club is a huge vote of confidence in the Finboot team, our strategy and our technology proposition – our no-code / low-code platform, MARCO."
Estancia Capital Partners led the financing round to support the growth of the UK cash savings platform.
"We selected Estancia based on the strength of their team’s experience in supporting ambitious businesses to transform the shape of the cash management market in the US. At a time when funding capacity is down on a global scale, Estancia’s investment and market expertise provides us with the firepower necessary to really capitalise on the opportunities ahead of us, whether those be through organic growth, partnership and acquisitions, and prompt further consolidation of our market leadership position."