The Series C round was led by Chrysalis Investments and Arete Capital Partners to support international expansion and product development.
"Our acquisition of Clicksit marks an important milestone in the company’s rapid expansion journey. Returns is, now more than ever, a crucial step in the ecommerce customer journey, and we are excited to power returns innovation as part of our full Delivery Experience Platform."
The cleantech start-up will use the capital to expand its team, develop new products and reach more customers.
"This funding round further strengthens our collaboration with bp, Goldacre and Aston University, who have shown equal ambitions in accelerating the growth of Grid Edge. Optimising energy demand to reach net zero is now an essential requirement for businesses. We are proud to provide many leading companies with predictive AI technology to reduce energy consumption and save money."
The online marketplace has raised venture debt to expand its Sell Your Car service into international markets.
"With some fabulous results and learnings in the UK, the company has started its testing in Germany. Ultimately our aims are global – just like the rest of the business,"
Deepbridge Capital backed the seed round to support the commercialisation of advanced space propulsion systems.
"We have been delighted with our progress to date and the significant interest in our technologies from major players in our sector. This next stage of development will see the Company expand on these exciting relationships whilst continuing our product development."