The investment round was led by Highland Europe with participation from Venrex Investment Management and Sir Charles Dunstone CVO.
"From day one we’ve been passionate about democratising luxury for busy women of all ages who want to wear beautifully tailored clothes, made with care and attention to detail, that fit perfectly,"
Eden Block led the seed round to support the development of a trustless compute network for deep learning.
"Deep learning has revolutionised diverse areas from facial recognition to spy plane radar operation. The core concepts emerged in the ‘50s, but the last decade has seen real world application grow sharply – and this will only increase. With this scale comes existential questions about our work, life, and identity. This, along with ballooning demand for hardware – and fat margins – is why the usual names like AWS and Azure have fought to command such high market share. The result is a market which is more expensive and places control of who-gets-what in the hands of centralised entities. We’ve spoken to a number of companies with staggering cloud compute bills who struggle to purchase outright the hardware that they need; so we designed a better way – superior on price, with unlimited scalability, and no gatekeepers."
The investment round was led by Crane with backing from fifteen angel investors.
"It is essential that every business becomes more climate friendly. For TrueLayer, doing right for our planet is important, an ethos shared by both our customers and our employees. Lune was the easiest way for our business to take the first steps, have a real impact, and continue building the future of the payments industry."
The seed round was led by Nigel Wray and a consortium of angels to drive growth into overseas markets.
"Laura and I are incredibly grateful for the support and belief in our project from our new partners. We have ambitious plans for Glassette over the next few years with international brands and territories firmly in our sights. Our mission is more than just selling products, we want to change the way the world shops for homeware, encourage thoughtful consumerism and champion sustainable values and change in an industry that needs shaking up."