The Series A round was backed by YFM Equity Partners and Maven Capital Partners to support international expansion and product development.
"The demand we’re seeing for our technology to solve a genuine problem, experienced by all businesses that deal with contracts, has been extraordinary. It’s clear that most businesses have a challenge when it comes to scaling contract processes and making the entire process much easier and faster. Bolstered by YFM’s support, we are in prime position to develop our game-changing approach to digital contracting even further."
Collaborative Fund and Fine Structure Ventures led the round to support the scale up of cultivated fat manufacturing.
"At Hoxton Farms, we are obsessed with fat. Fat is the single most important sensory component in all of the meat that we eat. Using cultivated fat alongside plant proteins, we have shown that we can make products with the juiciness and flavour that plant-based meat has been missing. We’re now building our pilot plant in central London so that we can show visitors a new way of making the same delicious meat."
The financing round was led by BGF and Parkwalk Advisors to support platform expansion and team growth.
"These are incredibly exciting times for the genomics community and we are proud to pioneer the advent of a new era for patient-centric medicine. We are delighted to have the support of BGF, Parkwalk and our existing investors Bioqube and Jonathan Milner, which provides validation of our technology platform, GenLink3DTM."
YFM Equity Partners has led a £4.5m investment into the DevOps analytics platform to expand commercial reach and product leadership.
"Effective technology delivery is mission critical for most organisations, hence the explosion of interest in applying data science to optimise the end-to-end software delivery process. Plandek is the only UK company recognised as a leading global vendor in the space. Our intelligent analytics helps software delivery teams deliver value faster and more predictably as Plandek continues to lead the data science revolution in DevOps."
The oversubscribed round will fund international expansion, team growth, and acquisitions.
"This significantly oversubscribed extension to our Series A validates the progress we’ve been making in our mission to change the world of temporary work in schools. We are proud to say we have saved the UK education system millions of pounds each year, which is why we are excited about our growth and expansion into the US market."
