The oversubscribed seed round was led by Seraphim Capital and will finance the construction of the company's inaugural satellite.
"We believe that high resolution infrared satellite data holds enormous promise for positively impacting the world. A combination of poor resolution, high cost and infrequency of data capture has held back the application of this high impact dataset for decades. We’ve backed Satellite Vu because it alone has the technology to address all these issues and make high resolution infrared the next major category of Space data."
GWC leads the seed investment round to support the commercial development of TSM Systems.
"Our unique technology will improve safety and loss in a number of applications across the marine industry. It has attracted significant interest in the insurance industry"
Accel led the seed financing round alongside existing backers to support team growth and product expansion.
"Business planning and forecasting should involve every team in a company, but the complexity of spreadsheets means that it’s often siloed within finance,"
The flexible hiring marketplace surpassed its crowdfunding target by over 133% to fuel its ongoing expansion.
"We’re in a perfect storm of employment disruption. We’ve gone through one of the most seismic overhauls of how we work ever, we’ve got employees that already wanted more flexibility trying to work for companies that aren’t sure what the future holds. At the same time, we’ve got the Government trying to get people back into the office, when that isn’t necessarily what people want. As our campaign shows, there is definitely appetite from both employers and employees to explore more flexible working arrangements, but the current recruitment mechanism is ill-equipped to support that. We’re aiming to fix it."
The Series B round was led by TMT Investments and values the fintech firm at £40m.
"As an operationally profitable bank challenger serving a distinct segment of the market, it was great to receive such strong and quick support from the VC’s. We service mid-market clients from over 190 countries, supporting their high-value international payments through our extended correspondent network; a market that is dramatically underserved by both the pure online players and big merchant banks."
