The Series A round was led by Eos Ventures with participation from multiple backers to fund expansion into financial services.
"We’re thrilled to have the support of such incredible investors as we expand our vision. With Eos Ventures’ expertise in financial technology, we’re well-positioned to provide complex services delivered in a straightforward way, helping people throughout their lives."
The £50m equity financing from Nimbus Capital will support technology enhancements and global expansion ahead of a planned public listing.
"We are delighted to welcome Nimbus as a strategic partner. The shared vision in the disruptive role of our technology, supported by the triple-digit growth BLK underwent over the past year, paves the way for a significant expansion of our operations."
GC Angels led the pre-seed round alongside One Planet Capital and angel investors to help CRESS expand its uniform platform.
"We are joining sustainability with affordability, supporting schools to sell pre-loved uniforms through an online, customer-friendly platform. Our model helps parents save money, supports schools with vital funding, and reduces waste and carbon emissions – all whilst making sure no perfectly good uniform item goes to waste. By encouraging donations of pre-loved uniforms, we’re not only helping families, but we’re also reducing the environmental impact of school clothing waste. The UK sends thousands of school uniform items to landfill or incineration every year, but with CRESS, we can decrease this waste, provide children with books and plant trees all in one go. We’re so passionate about making a difference, and we’re really grateful to Ranvir and GC Angels for their support. By introducing us to the likes of GMCA and Carma, along with their financial investment, GC Angels is helping to propel CRESS into our next stage of growth. This will mean we can support even more schools across not only Greater Manchester, but also country wide."
The funding round was led by Nickleby Capital to support the platform's expansion in premium ticketing.
"Here at Seat Unique we’re looking forward to working closely with 4CAST. It’s a dream partnership for us with a brilliant group of stars in its books. Together, we’ll be able to join forces to combine the reach and influence of the many talented sporting professionals associated with 4CAST with our future plans at Seat Unique. Their support will give us the unique opportunity to establish close collaborations with esteemed athletes, amplifying our brand visibility and showcasing the exceptional experiences offered on our platform to new audiences."