BGF contributed £3m to the oversubscribed round as the digital mental health provider scales its operations.
"Kooth is a great example of a high-quality business with a proven business model, a significant recurring revenue stream, and now international growth potential. We have a strong conviction in the management team’s ability to execute the step-change in the scale of the business following the recent US contract win, which is a clear demonstration of Kooth’s credibility and expertise in its field. This is an exceptional achievement for a UK-based business that has purpose at its core, and we’re delighted to be playing a part in its continued expansion."
The funding round was backed by ACF Investors to support product development and digital identification efforts.
"The investment from ACF Investors is a coming together of similar interests and visions. As the world increasingly becomes digital-first, we aim to minimise fraud, enhance online experiences, and make the world a safer place. ACF is our second institutional investment, and it is a vote of confidence in our efforts to make digital identification accessible and available to more UK citizens."
The London startup has raised backing from Aper Ventures and co-investors to support its expansion into the UK and German markets.
"Our robots are highly efficient and reliable; their real edge lies in their ability to work harmoniously with humans in crowded settings, in real-time. We’ve redesigned the traditional machine, enabling each robot to turn in place, making it the most agile autonomous scrubber available."
The investment was led by Verdane to support the company as it grows its commercial solar footprint across Europe.
"Securing this €26 million funding from Verdane marks a pivotal moment for UrbanVolt as we set our sights on an ambitious European expansion. We are thrilled to have the support of Verdane, a renowned specialist growth investor and fellow certified B Corp company, who share our vision for a sustainable future."
The company has raised €10m to add 280 new vehicles and extend its services across urban and rural locations in Ireland.
"At GoCar, we believe in creating a community-led approach to mobility, becoming an integral part of the fabric of localities across the country. Our investment reflects our dedication to increasing the availability of sustainable and flexible transport options to meet the evolving needs of our customers. Over the past three years, we have been evolving beyond our legacy urban hubs in Dublin, Cork, Limerick and Galway and we are committed to making GoCar available in 24 counties across ROI by the end of 2023."
