The company raised the capital from private investors to fund product development, recruitment, and international growth.
"The Ikue CDP has been designed and built from the ground up by a team of telecom experts with a combined 25+ years’ experience in the telecoms industry. The opportunity we offered for investors to join the seed investment round was to support the acceleration of the current prototype version to a fully operational revenue-generating minimum viable product (MVP): and also to help scale the business."
The round was co-led by Presidio Ventures and East Innovate to support global scaling.
"We are delighted to have received this investment from our funding partners, both new and old. This funding will give TOffeeAM the opportunity to scale globally and continue to help businesses across numerous industries to design innovative products."
The London-based childcare service closed its pre-seed round to support expansion into Brighton and wider UK markets.
"At GrandNanny, we see the value that age diversity brings to children and their families. We are proud to be backed by leading investors who understand and support our vision. Their financial support and expert advice is already proving invaluable."
Euroventures led the Series A round alongside Lead Ventures, iEurope, Innovation Nest, and Zoltan Vardy to support platform development and international growth.
"We believe that current market trends of increasing customer acquisition cost, unlimited choice for consumers and the increasing difficulty to acquire relevant consumer data magnifies the importance of customer engagement and loyalty programs. Antavo has tremendous growth potential. We are excited to help the team to grab this opportunity and expand its services globally and meet the challenges of a growing organisation and client base."
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