Arete Capital Partners led a multi-million-pound investment to help Vivify scale its operations and increase its network of partner schools.
"It’s exciting for us to work with an entrepreneurial management team who have developed technical differentiation via Vivify’s booking platform to put schools right at the heart of its business model. The social and health benefits sit naturally alongside the economic benefits to schools and the surrounding area. We are looking forward to adding value to Vivify with our existing knowledge of scaling similar types of businesses and helping them to grow the market and all the social and economic benefits that brings."
The seed round was backed by Outward VC and B&Y Partners alongside strategic angel investors.
"The IFG mission is really simple: we want to help bring a quarter of the world’s population back to even keel. For too long Muslims have not had the same access to investing and finance as everyone else, and we are incredibly motivated to change that,"
The funding round was led by Praetura Ventures with participation from the Development Bank of Wales and Perscitus.
"It’s been a landmark year for Reacta, and we continue to go from strength-to-strength as a business, developing new diagnostic products and expanding our capabilities. The number of people experiencing food allergies is increasing, so it’s vital that technologies to accurately and safely test for allergies are developed. We’re committed to providing excellence in the development of a suite of OFC products, and revolutionising the way food allergies are diagnosed worldwide."
The funding round was led by GC Angels alongside private angel backers to develop home learning applications.
"Home-schooling during lockdown has taught so many parents how important education is to our children. We know that education doesn’t stop at school, so we are really pleased to receive this investment thanks to GC Angels and the private investors to develop an app that parents can use at home to make extracurricular learning fun. At Emile Education, we’re committed to developing our offering based on extensive research, and we’re looking forward to working with more experts to expand our offering to cover the broader education curriculum."
SoftBank Vision Fund 2 and Tiger Global backed the Series E financing, which values the business at £33bn.
"SoftBank and Tiger Global’s investments are an endorsement of our mission to create a global financial superapp that enables customers to manage all their financial needs through a single platform. This funding round makes Revolut the UK’s most valuable fintech, demonstrating investors’ confidence that we can deliver products that raise the bar for customers’ expectations across the whole financial services industry."
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