The oversubscribed Series A round was backed by angel investors and family offices.
"We are so excited to announce the successful closing of our £4.4 million funding round. This will further support our mission to become the world’s go-to solution for mental health and ultimately remove barriers to care for employees across the globe. From my own experience, I know how important it is for employees to have access to same-day, live, one-to-one video sessions across the entire mental health spectrum. The funds raised will help us significantly grow the platform and continue to ensure that no employee ever feels stuck, helpless or alone, keeping businesses thriving."
Averroes Capital has backed Cheltenham-based hotel technology firm Journey Hospitality in its first external funding raise.
"The investment will help us achieve long-term growth and shake up the industry with technology that addresses key ecommerce challenges within hotels. We have worked alongside luxury hotels for over a decade and pride ourselves in truly understanding their business. Our latest platform, onejourney® – the world’s first unified ecommerce platform for hotels – addresses a key pain point for hoteliers and maximises property profitability."
YFM Equity Partners provided the majority of the £3.4m capital injection alongside contributions from management and chairman Richard Law.
"Vypr is addressing the nascent market for real time insights and intelligence that businesses need to enable them to make the right and most profitable decisions about what new products and propositions to develop and when to launch them. It is building both a strong market position and brand and has recruited an enviable group of household name clients that now base their decisions on Vypr Insights."
Clean Growth Fund and Barclays led the Series A investment to support the commercialisation of industrial carbon capture solutions.
"Given the challenges facing industries like cement and steel to cut their CO₂ emissions and their energy use, we are excited about the massive potential for MOF Tech across the world. With our investment, alongside the commercialisation support that we offer to all of the companies in our investment portfolio, I’m confident that MOF Tech can quickly become a sought-after technology provider to heavy industries across the world who need to decarbonise as a matter of urgency."
