Episode 1 led the seed round to support technology development and expand the manufacturer marketplace.
"Current sourcing methods aren't fit for brands of the future; they're offline, inefficient and fragmented. Technology is needed for global supply chains to progress and become faster, more efficient and more sustainable. At SupplyCompass we see the key to success lying in rethinking existing sourcing methods, with better collaboration, innovation and technology at the core. Our vision is to help fashion and interior brands make products that don't have to cost the earth, and this funding from investors Episode 1 will help us to do just that."
The Bristol-born food and drink discovery app secured the capital to launch in multiple new UK cities.
"We’re delighted with the round – it’s a huge show of support in all the hard work we’ve put into the platform, and means that we are well-capitalised to deliver on our plans for the coming years."
Marchmont Ventures led the Series A round with participation from LocalGlobe to support platform development and team expansion.
"We started Motorway with the vision to bring speed, choice and transparency to the process of selling a car – an experience that’s gone mostly unchanged for decades."
