Target Global led the seed financing round to support the payment platform's European expansion and product development.
"We are excited to offer our customers an unrivalled experience when it comes to accessing a reliable and transparent tool for cross-border payments. Our value lies in our ability to remove hurdles when it comes to opening business bank accounts and offering payment services at a fraction of the cost versus high street banks and legacy providers. We aim to board and activate customers in under 48 hours, start to finish. All of this is now available through one application and one dashboard to stay in control of your payments."
The financing round was led by Credo Capital Partners and Fortress Investment Group to support the expansion of the digital lender across Europe.
"Demand for eCommerce lending has expanded in Europe. We wanted to make an investment in a platform that was moving the product forward and combined all of the great technology and analytics you expect with a really differentiated product and approach,"
Aer Ventures leads the pre-seed financing to support prototype development and scale testing of mineral extraction systems.
"Watercycle Technologies is exactly the type of business we exist to support. With a sustainable vision and a proven technology, the business has the potential to solve one of our major environmental problems – the need for critical minerals to support the transition to Net Zero. With serious commentators such as the IEA estimating the world could require over 50 times more lithium by 2040 than it produced in 2020, the innovation Watercycle Technologies provides has never been more essential and we are pleased to support the business in taking this game changing technology to market."
Jenson Funding Partners backed the London-based online dermatology service to support platform development and service expansion.
"Without the ability to quickly and easily see a dermatologist, patients often go for months or even years without receiving proper treatment for acne, which can have a huge impact on emotional and mental health as well as the risk of causing permanent scarring. Typically, their treatment journey begins with online research, with resources varying in reliability, before trialling over-the-counter skincare products, which are not sufficient in a lot of cases,"
LocalGlobe led the seed round for the London-based biotech startup.
"We’re delighted to be backing Insiya, Amir and the rest of the Shellworks team, as they bring the science, creativity and lightning speed we’re used to in tech environments to the world of materials and packaging. It’s been amazing to hear their customers rave about the products they’ve already created, and all of us at LocalGlobe are looking forward to seeing them build an iconic materials house to end plastic waste."
