Ingka Investments provided the funding to support product expansion and market launch of new predictive models.
"We’re proud to join Ingka Investments’ portfolio of market-leading firms. We are excited to be shaping a new global standard in credit scoring that enhances people’s lives by enabling access to products they need in an affordable way. Our coverage, advanced insights and predictive models provide a unique opportunity to achieve this by creating the world’s first real-time, inclusive, credit score based on open finance data."
The Norfolk space technology company closed the round with significant overfunding.
"It’s not everyday that we see a pitch which involves launching rockets! Gravitilab have seen excellent growth since inception in 2019 and is a fantastic example of the exciting innovation which we’re proud to see coming out of our region."
Play Ventures led the seed round with a $2.5m contribution to help expand the Web3 gaming platform's team and market presence.
"Play Ventures has one of the best portfolios in the world for gaming and Web3. Receiving one of the largest investments from its Future Fund demonstrates their conviction in our team, products and vision. With their support, we’re able to power the next evolution of game economies, showcasing the benefits of blockchain to help our partners build, grow and scale Web3 ecosystems."