The pre-seed round was backed by MMC Ventures, RLC Ventures and angel investors to help expand the company early access programme.
"It has never been easier to start building and publishing your own software. But to be sure they’re building something useful, product teams of all sizes need to continuously keep talking to their users to understand what they want and how their products can be improved. Yet, for most product teams, user interviews can take days to set. Ribbon aims to change that by making it super simple for digital product teams to start user interviews directly from their products through one simple integration."
Downing Ventures led the Series B round with participation from Bain Capital Ventures, Uncorrelated Ventures, MMC Ventures, and Chestnut Street Ventures.
"Securing a further significant round of funding is an important step in the development of the business and a huge vote of confidence in our team, technology and achievements to date,"
VGC Partners led the seed round with capital from its Technology Seed Fund IV.
"Maria and the team have done an outstanding job of growing the business to this stage, and we’re looking forward to working with them to support the business going forward. Additionally as a member of the Alexa UK Incubator Programme, the founders will receive additional mentorship directly from the Amazon team."
The Series A round was led by IQ Capital with backing from Cambridge Enterprise and Silicon Valley investors.
"Nyobolt batteries remove the limitations presented by conventional lithium-ion batteries. They are perfect for applications that require high power and ultra-fast charge. The recorded performance of our batteries represents a paradigm shift in battery technology and we are pleased to play our part in accelerating a greener, more efficient future, powered by world-class batteries."
— Sai Shivareddy, Co-founder and Chief Executive Officer