Jenson Funding Partners led the pre-Seed round, which will fund platform expansion and uniform exchange initiatives.
"We want our kids to be in control of their fashion, but also environmentally conscious in their choices. This is why we’ve created Swoperz. Swoperz gives children safe access to a huge range of age appropriate, preloved clothing so they can showcase their style every day. Parents can also feel safe in the knowledge that the platform is fully verified and controlled by them. Our platform can help parents budget better with ever-changing clothing requests from children, get kids excited about saving the planet, and instil a sense of responsibility and empowerment through our token system. We want to help children build positive, sustainable consumption habits whilst growing the circular economy and never compromising on their individuality."
The London-based climate tech startup will use the capital to grow its team and scale platform capacity.
"We’re witnessing the dawn of a future multi-trillion dollar industry that has the potential to not only stop the climate catastrophe but also to drive scientific progress, and create jobs and opportunity around the world. As we embark on building the platform that will unlock that growth, I’m delighted we’ve already been able to attract some of the best talent from across the industry, and now we couldn’t be more pleased to have backers like GV and Capital T to support us on this journey."
QVentures led the pre-seed financing to support international expansion and product development.
"We are absolutely delighted to have QVentures back us on our mission to help revolutionise how career advice is accessed and to improve social mobility across competitive industries around the world. The backing from QVentures will allow us to expand into new industries, additional geographies and to further develop the product to help accelerate the adoption of this new form of career mentoring."
The pre-seed round was backed by Fuel Ventures and Scalebridge Capital to support product development and international growth.
"This investment is the next step on Spendkey’s journey, and it will provide us with the financial resources we need to enhance our platform’s user-friendly workflows and carbon reduction features. We’re thrilled to partner with Fuel Ventures and Scalebridge Capital to continue our mission to provide tangible spending insights, accelerating and automating decisions."