Welsh green technology startup Harvst doubles its fundraising target with backing from SFC Capital and angel investors.
"We’d like Harvst to be instrumental in helping everyone grow more of their own food. Reducing food miles, food waste, plastic packaging, and developing the essential skills for growing your own food is incredibly important, particularly as we all transition to a more sustainable way of living."
The funding round was supported by Angel Investment Network to drive international growth and team expansion.
"We are delighted angel investors have backed our business supporting life’s messiest moments! We’re challenging industries that have relied for too long on synthetic fibres, petroleum plastics, pesticide and harsh chemical residues. Our sustainable products are sex positive, period positive and body positive, and we are proud to use cheekiness, humour and education to combat cultural embarrassment around these areas. Our customers seem to agree, and we have seen fantastic growth over the past three years, with many major retailers stocking our products. This investment will help our exciting plans to grow the business in the UK and US."
Praetura Ventures and Blackfinch Ventures led the £4m investment round to support software development and team growth.
"The staffing crisis in the service sector is a real issue for the growth of the UK economy. At Placed, we are incredibly proud to be at the forefront of driving innovation to support these industries, and we have seen immense demand for our business in the last 18 months."
The Norwich-based startup secured backing from Anglia Capital Group members to develop its ethical shopping platform.
"Thomas and Hugo from Greenr.co.uk pitched with genuine passion and enthusiasm, it was this alongside their clear business plan and industry knowledge which made them stand out to our investors. We’re excited to see this local company making strides towards helping consumers make more sustainable choices and extremely proud to be a part of their journey."