The seed round was led by Atlantic Food Labs with participation from Seedcamp, MMC, and the Oxford Seed Fund.
"There’s never been a better time to build a digital health company, particularly in the diabetes space. With skyrocketing rates of chronic disease crippling our healthcare systems, the COVID-19 pandemic accelerating adoption of digital healthcare interventions, and increasing patient awareness of the importance of a healthy, balanced lifestyle, we’re not only hoping to build a massive business—but also to help millions of people across the world to live longer, happier lives."
The investment round was led by BGF with participation from Nauta Capital.
"We are incredibly pleased to have BGF on board as a long-term partner for our business. They share our aspiration to empower decision-makers in businesses of all sizes with precise, on-demand access to the best domain knowledge experts worldwide. We look forward to embarking on the next phase of the journey with them as we strive to have a significant impact in the global knowledge economy."
The profitable CreaTech startup secured its first external funding from high profile angel investors.
"For too long brands have been limited to just ‘pushing’ their message at consumers without the ability to listen but today people expect control over their digital experiences. Octaive’s proposition is to help brands look past outdated metrics and create ads that generate ‘active attention’. Through doing this we empower consumers to personalise their own ad experiences, removing the need for cookies. We have a fantastic team, partners and clients and together we’re driving industry innovation. Our business has been built on a sustainable footing, in profit after just two years, so we are in the fortunate position to be selective about where we get funding and are especially excited to have such respected industry leaders now backing the company on the next phase of our journey."
The funding supports the SANGREAL Project in collaboration with Advanced Electric Machines.
"The automotive industry is at a pivotal point. Great ideas will not move the dial on decarbonisation unless they are on the road and taking the place of more polluting technology. The future movement of people and goods needs to be efficient and green. There has been real progress in the decarbonisation of cars to meet the UK Government’s plans to phase-out sales of new petrol and diesel cars and vans from 2030. However, the pathways for Medium and Heavy duty and long-range transport are less clear."
— Jon Beasley, Business Development and Programmes Director
The Bath-based enterprise platform secured its third funding round from a network of eleven private backers.
"We sought out our next seed round of funding as we were gaining promising traction for the platform and had ambitions to deliberately accelerate our company’s scaling journey and activity,"
