The investment from Ufi Ventures will fund platform enhancements and broader access to the company support programme.
"The funding and support provided by Ufi Ventures will be instrumental in the continuing development of AutonoMe. Thanks to this investment, we will be able to accelerate our mission to empower people with learning disabilities and autism to find and retain meaningful employment as well as to live more independently."
The pre-seed round was led by Jenson Funding Partners and angel investors to fund product development and team expansion.
"In spite of increasing pressure from investors and regulators alike to put ESG on top of the priority list, the market itself is crowded and chaotic, with a lack of consensus on what is really needed to be ESG compliant. The upcoming Corporate Sustainability Reporting Directive (CSRD) from the EU has put pressure on businesses of all sizes to be more diligent in ESG reporting. However, this is tiresome and expensive, particularly for SMEs. Tesel stood out to us as it offers a clear, concise solution, by directly connecting ESG-focused buyers and suppliers on the supply chain. We believe its easy-to-use, easy-to-access platform will become the de facto resource for businesses to ensure the correct ESG standards are being put in place."
Marathon Venture Capital led the seed round to support international growth and product expansion.
"Our cutting-edge technology revolutionises how power grids are managed across all voltage levels. We are utilising AI-based techniques to enable a net zero future in which power grids are operated dynamically and much closer to real-time while resolving stability issues and effectively ensuring high resilience and security of supply for a better planet. With this funding round from Marathon Venture Capital, we’re excited to double down and continue to realise our vision"
The funding round was led by Two Magnolias and will support platform development and team expansion.
"This fundraise has been conducted in a very challenging economy, but our merits and successes are firmly rooted in the fact that we have an incredibly strong team that is tackling sustainability in a way that’s never been done before. We’re proud that the VCs we’re working with can see that we are breaking new ground in a global business challenge that is not going away. We believe that approaching sustainability as an ongoing process creates a perpetual space for continual improvement, resilience building and prosperity for all organisations, including our own."
Mercia backed the London enterprise with a £3.3m investment to support growth and hiring.
"Global expansion is complex, with confusing local laws, complicated taxes and hefty fines for those who fail to play by the rules. Centuro cuts through the complexity, eradicating the need for expensive consultancy services. We’re disrupting the dominance of the larger players in the market, giving ambitious businesses a simple solution that saves them time and money, reduces compliance risks and helps them win in new markets and in the war for global talent."