The company secured capital led by The FSE Group to scale its protective cycle wear business.
"It was a real pleasure to work with Chris and the team. Being a regular road cyclist myself, I could immediately see the appeal of ArmaUrto’s high-quality products that address a clear market gap. Road cycling is a ‘hot sector’ for investment and Cornwall is becoming known as a popular location for a number of top cycling brands. We’re excited to be supporting ArmaUrto’s high-calibre management team on their journey."
Jam Jar Investments led the seed round for the London-based sustainable personal care start-up.
"While most of us are now familiar with using compost bins for food waste, or putting glass, paper and cans in the ‘right’ bin, the bathroom is lagging behind in terms of reducing household landfill"
Irish entrepreneurs Brian and Eamonn Fallon backed the online art marketplace to finalise its funding round.
"We’re very excited to have found Artfinder, a global marketplace, providing unique affordable art online and a Certified B Corporation too. Those ethical credentials are really important to us and give Artfinder a clear point of difference in the market. The company has shown tremendous progress growing its community of independent artists and we look forward to working with the team on taking Artfinder’s growth to new heights."
The Series B round was led by Lakestar with participation from LocalGlobe, Atomico, GMG Ventures, and Octopus, and will fund platform development and headcount growth.
"Human reality is incredibly complex, and while technology has made progress in healthcare and pharmaceuticals, we’re still no closer to truly understanding the decisions that we make. Our behaviour is captured online and in the artificial reality of social media, but the near 80 percent of our lives that happens in the offline world, remains untapped,"
Maven Capital Partners backed the Manchester-based compliance tech firm with £2m from its managed VCTs.
"MirrorWeb is a fantastic northern technology business which has developed genuinely novel technology. We know the team extremely well, having originally provided funding through NPIF, and today’s investment represents an excellent opportunity for the Maven VCTs to back an innovative business with the opportunity to expand quickly in both the UK and internationally. We look forward to helping the business accelerate its growth in these markets."
