Accenture Ventures backed the London-based grid technology provider to help utilities accelerate the transition to low-carbon energy.
"As electricity production from wind and solar continues to grow, the share of variable renewables in the production mix is likely to present stability challenges for utilities to balance their grids,"
InMotion Ventures backed the blockchain technology firm to improve supply chain transparency for Jaguar Land Rover.
"This investment is further evidence of Jaguar Land Rover’s commitment to improving the sustainability of its supply chain around the globe, and will help authentically trace raw materials from origin to supplier, eventually to vehicle. The implementation of blockchain technology provides a great opportunity to make a systemic change in supply chain compliance, not just for the automotive world but for other industries, too."
The seed round was led by Outward with participation from ING Ventures and Triple Point Ventures.
"The key to delivering the best value for clients is to fully integrate data, security and operations in a single application through DataSecOps. This investment from leading venture capital firms, including one of our major banking clients, is a validation of what eXate has achieved to date and provides a solid foundation to bring the value of DataSecOps to a larger audience of data-driven organisations."
The funding round was led by Nauta Capital with participation from Anthemis.
"Companies waste $20billion on duplicate, forgotten or unused SaaS purchases yearly. Our mission at Cledara is to help our companies cut through the chaos and start managing their software subscriptions in a scalable way. This round comes at a point in time when a successful transition to the cloud is critical for businesses and economies everywhere"
The Bristol-based HR and payroll software provider has raised £2m from BGF to support its organic and acquisitive growth strategy.
"We are extremely excited to be partnering with BGF with this investment. It not only means our plans are funded, but also gives us validation that an investor with a reputation such as BGF’s believes in what we have achieved up to this point."