The investment from BGF will support the expansion of Recite Me and its assistive technology.
"We pioneered the assistive technology sector when we launched over a decade ago and have successfully grown the business to be a market leader, but our mission doesn’t stop here as we aim to help millions of people access online content around the world. To galvanise our growth, we were looking for investment partners who shared our values and ambitions and brought their experience of scaling businesses to the next level. BGF was the obvious choice, and we look forward to working with them to invest further in our technology, team and infrastructure so our tech can benefit even more people across the world."
Parkwalk Advisors led the financing round, which will support UK sales growth and international expansion plans.
"For scaling companies, keeping track of terms across hundreds or thousands of contracts is a challenge that creeps up on you. Searching for basic information like contract start and end dates, or nuances in confidentiality terms across entire databases of contracts is painfully manual, or impossible. Before working with us, we know that some of our customers would spend weeks doing this"
The Yorkshire-based medical technology company secured backing from Mercia and private investors to support production and international expansion.
"The Eventum team have done a massive amount of work in a short space of time in developing Quadsense and getting it approved for clinical use. We are now excited to start scaling up the team to commercialise the product, as well as bringing further innovations to the orthopaedics market."
The London startup raised the funds from British Design Fund and other backers to move from prototype to production.
"The idea for Phare came from my own personal experience with smoke detectors. Our alarm kept going off, so naturally, being an engineer, I took it apart to take a closer look. I realised the technology was really simple and after reading up on the effectiveness of current alarms, I knew there had to be a better solution. With our engineering backgrounds, myself and Arnau felt well suited to take on the challenge!"
The funding round was led by Crossbeam Venture Partners and General Global Capital.
"Threecolts’ impressive execution over the past year means that sellers can now access a one-stop shop solution for an increasing number of pain points, easing vendor fatigue and administrative loads. Yoda and team have provided returns that are realized in quick feedback loops for customers of all shapes and sizes, from large enterprises to up-and-coming businesses."
