The oversubscribed round was backed by investors including Specialist VC and Superangel to accelerate growth.
"We are delighted to have excellent investors backing our growth. The facts speak for themselves: in March, Swiss Re estimated that in 2021 natural catastrophes resulted in economic losses of $270 billion, of which $111 billion were insured losses. That is a big protection gap. We are now able to provide a new and scalable way to make risks and opportunities quantifiable that the insurance market needs to manage and absorb future risks."
The Norwich-based walking platform has secured backing from Anglia Capital Group members and private investors including Peter Roberts.
"We were delighted to see Treekly secure investment through our group. Anglia Capital Group are committed to supporting local businesses to grow and thrive. Treekly are a fantastic example of a Norwich-based company with a big vision, not just for their business but for the world and we wish them well on their journey"
VentureWave is taking a strategic majority stake in Funderbeam as part of a £32m investment backed by Mistletoe, Draper Associates, and Kaidi Ruusalepp.
"This transaction creates a powerful platform to fast forward Funderbeam’s vision which is to serve venture investments across borders and create a unique secondary market for private assets. The timing of the transaction couldn’t be better – we are strong at a time when the market is ready for our solution"
Sino Global Capital led the financing alongside participants such as Circle Ventures and Polygon Ventures.
"Thrilled to back the OpenTrade team as they build the necessary infrastructure to bring real-world financial assets onto the blockchain. In the next decade, we expect that a majority of assets will be brought onto public blockchains. OpenTrade is leading this paradigm shift and we look forward to being day one customers."
The oversubscribed round was backed by thirty new angel investors alongside partners NorthInvest and the LCR Angel Network.
"NorthInvest are proud to have supported another tech for good business in their growth plans. Heatio’s technology will help consumers to save energy and cement the North as a hub for net positive innovation."
