The seed round was led by AlbionVC to fuel international distribution and technological expansion.
"The idea for OutThink was born out of frustration that existing solutions on the market were failing, yet it also came from a passionate belief that if we engaged people beyond traditional security awareness training into human risk management, we could make them the organisation's strongest defence mechanism. We are delighted to welcome AlbionVC, TriplePoint and Gapminder to our team as we create a new category within the cybersecurity solutions market."
The pre-seed round comes from a group of angel investors.
"We set out to champion the underserved microbusiness community and change the face of the insurance industry and are incredibly proud to have the backing of experienced investors that truly believe in our vision. Our skills in the use of technology in the insurance industry and innate strategic, scaling and execution capabilities are significant assets on our journey to better serve today’s microbusiness owners. They combine with our passion for innovation, creativity, building teams, and our purpose – to make business insurance fairer, smarter, and human."
The Birmingham technology company secured the follow on debt investment from the Midlands Engine Investment Fund to support job creation and digital marketing.
"At Learning Labs we believe that every child and young person across the UK deserves to be getting the best from their education experience. Our product supports teachers in unlocking the potential of non-native-speaking students without the need for time and budget resources that many schools and colleges do not have. With this MEIF loan, FSE has provided the right funding at the right time to support this next phase of our growth as we continue to develop our offering, expand into the FE market, and further scale the business."
The London based payments curation platform has raised £5m from a syndicate led by Hambro Perks to scale its technology.
"Very early in our journey we recognised there was a real challenge in how growing businesses navigate the fragmented global payments ecosystem – much like in the consumer market there has been a great unbundling of financial services that has improved choice but created greater complexity. We believe the answer to this is curation and not orchestration – a deeper set of connections that can support not only complex payment flows, but those same flows across multiple geographies and payment types. We are thrilled that this vision resonated with such a prestigious group of investors and industry leaders."
The pre-seed funding round was backed by K+U Ventures and individual investors via Seedrs.
"Industries that are difficult to decarbonise, such as manufacturing and heavy industry, are often overlooked. These industries need an easier way of monitoring, measuring and reducing their carbon footprint. At EcoHedge, we believe that companies of all sizes should be able to simply and efficiently track their carbon emissions and this is where EcoHedge comes in. We want to make it as straightforward as possible for these businesses to become climate leaders."
