The funding round was co-led by 3XP Global and Blue Crow Capital to support team expansion and international scaling.
"Everyday, industrial brands across the world are realizing that reducing human errors is not only a persistent competitive advantage, but essential to avoid unmitigated costs."
"We were delighted to respond to Jess’s plea on LinkedIn, asking for women investors to come forward and help reflect Freja’s customer base in the shareholding."
Recirculate Systems secures backing from angel investors to roll out its RFID-enabled reusable cup system.
"Around 2.5 billion coffee cups are thrown away each year in the UK alone, with terrible consequences for the environment. The problem is that single-use cups are so convenient. While people like the idea of recycling, current systems involve so much time and effort that it deters all but the most committed."
Prelude has provided a follow on investment to support the security software provider.
"As a company that is immersed in the connected world and sees the latest use cases being deployed by our customers all over the world, we are acutely aware of how important it is to ensure complete trust in the devices and data being used. Our KSaaS cloud service and KeyScaler platform has already been recognised as the ‘Rising Azure Technology’ in Microsoft’s Partner of The Year Awards and by analysts who have identified Device Authority as the technological leader in its field. We are delighted that Prelude has joined our recent financing with Ten Eleven Ventures to also support our ongoing growth journey as we continue to advance our solution and grow our presence in North America."