The funding round was led by KOMPAS VC to support manufacturing expansion and further research and development.
"What makes Material Evolution different is that we don’t believe it will be one material that saves the world. We believe that to rapidly scale across the industry we need to have localised material sources. We have created a product that not only produces lower emissions but is also lower in cost and has a higher performance. There is no silver bullet solution, but we believe that by decentralising cement production and using previously inaccessible waste we can scale our solution on a global level and truly change the cement industry."
Atomico led the Series A round with participation from existing investors including Lakestar, Kindred, and Maersk Growth.
"For those operating warehouses, ensuring 100% fulfilment ‘in time, all the time’ is crucial to meeting the demands of the modern consumer. A critical component to achieving this is high stock accuracy, but staff shortages, manual processes, and the speed demanded by customers means that critical decisions across the supply chain are currently being taken blindly,"
The investment round was led by YFM Equity Partners with participation from Mercia and Foresight Group.
"We’re proud of what we’ve achieved so far and are very grateful for the support of our clients and partners, but it feels like we’re just getting started."
The funding round was led by Beringea with participation from Grosvenor Property UK, The Conduit Impact Fund, Concrete Ventures, Oxford Innovation Finance and Foundation Ventures.
"We’re super excited to be joining forces with these leaders in placemaking and proptech to accelerate our mission to inspire thriving places, powered by insights and collaboration. Moving beyond our sector’s aspiration to deliver social value, our work will allow users to define, plan for, target and then evidence the positive impact their buildings and places have on those who live and work in them. Just as environmental measurement frameworks are now supporting our decarbonisation journey, Commonplace’s increased product focus on social value will become a critical support to analyse and understand the ‘S’ in ESG."
The Dublin based artificial intelligence startup secured backing from Smedvig Capital, Episode 1, and Act Venture Capital.
"Companies will simply not be able to compete without AI and machine learning augmenting their ability to understand and support their customers at scale. We want to help more contact centres and customer experience professionals recover the missed insights in their conversations, react faster to changes, and have the data they need at their fingertips to make decisions. Over the fundraise, we’ve been really impressed with the Smedvig team; Joe and Maeve are already bringing great value to the business and I’m really excited to partner with them now on the journey ahead."
