The Manchester based technology start-up raised £3.8m in a seed round led by Par Equity to fund international expansion and product development.
"Having the support of Par Equity, Blumberg Capital and Sand Hill East is a powerful endorsement of SamsonVT which demonstrates belief in the company’s potential – we are thrilled to have their backing. There is a huge desire for smart technologies that help OEMs improve customer service, while also allowing them to operate more efficiently and in a more sustainable way. We can help them achieve these goals and this funding will enable us to provide our solutions to more organisations far sooner."
The round was led by Educapital with participation from Reach Capital, Emerge Education and Danner Capital.
"If the workforce is to succeed in this new economy, it will require a specific and different set of technological, emotional, and higher cognitive skills. Our mission is to support the workforce and learners through these changes,"
The financing round was led by Autotech Ventures with participation from several new and existing investors.
"Autotech Ventures is truly excited to partner with the Laka team. As a transportation focused fund, we’ve been witnessing the explosive growth in personal ownership of two wheelers – especially in light of the pandemic – as well as increased business use cases within logistics."
The financing was led by Zetta Venture Partners alongside Amadeus Capital Partners and Speedinvest to fund international growth and product development.
