Northzone led the Series A round to support the company as it accelerates international expansion.
"Until now, the lack of viable and scalable technology has meant that facilities management is one of the last industries to be enhanced by digitization, despite covering the world’s largest asset class. Infogrid’s end-to-end smart building system finally arms organizations with insight to take control and take action. This new era of insight and automation will bring about a positive impact on the efficiencies of businesses, the wellbeing of employees, and the environmental footprint of buildings."
Northstar Ventures backed the Durham technology firm with capital from regional innovation funds.
"We are absolutely delighted that our Durham company can continue to grow at the global leading edge of technology innovation. The world is becoming more and more reliant upon artificial intelligence. AI is only as good as the data that is used to create it. Our products will make AI safer and easier to use."
The funding round was led by Mubadala Investment with participation from Channel 4 Ventures to support product development and international growth.
"Our mission is to encourage and educate a new generation of scientists. We have found that a subscription model lends itself perfectly to this. As demand for home education resources continues to increase, it provides a way to help parents fill the role of teachers during periods of classroom closures, and continually fuel their kids’ curiosity for, and interest in, subjects that are often difficult to grasp."
Force Over Mass leads a £2.1m seed round in Pomelo Pay to support team expansion and international growth.
"We appreciate from our diverse client base that it has been a challenging year for businesses across a huge range of sectors. We are therefore very proud to have been able to provide our customers with a selection of low-cost and user-friendly tools that make their lives easier. Whether that’s using phones to take payments, creating online shops, or sending payment links for jobs completed, we help to lighten the load."
The seed round was backed by angel investors including Ramon Mendes De Leon, Duncan Simpson-Craib, Angus Davidson, Stephane Delacote, and Pip Baker.
"VC's tend to be small companies and are suffering from an overload of start-ups trying to be in their line of sight. Start-ups on the other hand, are similarly overextended in their overzealous effort to make the improbable possible. For us to take pressure off of both parties, Floww starts by helping the VC analyse companies at scale, and based on merit."
