The funding round was led by company founder James Dickson alongside high net worth investors and The FSE Group.
"We are thrilled to have completed this funding round following our successful MBO. Our wholesale division is experiencing an unprecedented level of growth, and we’re very pleased to have welcomed several new 5-star hotels to our client base in recent months. With Andy Phillips appointed as CEO, and David Read as Chairman, we believe we now have the best possible platform to scale the business."
Clean Growth Fund backed the Cambridge biotechnology startup to accelerate the commercial rollout of its HBx biofuel.
"Clean Growth Fund’s investment in HutanBio, coupled with the strong commercial interest in HBx now being shown by potential customers from around the world, is hugely exciting and underlines the company’s massive potential. We have been patient and rigorous in our scientific work to ensure that HBx is market-ready, demonstrating the world-class expertise and tenacity of our team. We believe that HBx unlocks the biofuel puzzle, with the capability to produce a cost-effective biofuel an order of magnitude greater than any other oil-crop."
The funding round was co-led by Oxford Innovation Finance and the OION Angel Network to support international growth and product development.
"Deep Planet was founded with the goal of using machine learning to address environmental risk for the benefit of the planet. Our AI technology is transforming sustainable farming with precision viticulture, assisting growers and winemakers to increase harvest efficiency, enhance yield resilience and drive sustainable production. This latest investment enables us to achieve our global vision and scale our technology across Europe and America."
The Series A round was led by Khosla Ventures and Nat Friedman to support the development of proprietary foundation models.
"I truly believe that AI has the ability to reshape design and influence the way that we look at the world. Recraft was created to meet the requirements of professional design, generating consistent style images and high-quality vector illustrations suitable for everything from advertising and digital marketing assets to iconography. And the development of our Foundation Model will enable us to improve the quality and consistency of the AI-generated graphic design."
Veridian Ventures contributed £150k to the seed financing round.
"We know that the majority of people are not saving enough for retirement which is storing up a massive problem for the future. To top that, the cost of living crisis is driving increased stress and anxiety in employees which is impacting productivity and retention for employers. Maji is the missing piece of the puzzle in the employer benefit lineup that in time will be offered by the majority of the employers."
