Warner Music Group led the pre-seed round as the company launched its first public beta.
"I’m excited about the power that their technology allows within the immersive space – it creates exciting new opportunities for our artists to express their creativity and engage with their fans through 3D worlds and objects."
— Oana Ruxandra, Chief Digital Officer & EVP, Business Development
The telephone payment compliance provider has raised £1.2m in a pre-series A round led by Bloc Ventures to scale its teams.
"We are delighted to be joining the Bloc Ventures portfolio. Bloc’s team has unparalleled expertise in deep technology and we are convinced it is the right partner to support us on the next stage of this journey. Our technology has the ability to radically lower the high cost of entry that is prevalent in the telephone payment segment, and with Bloc’s financial and strategic supportwe are confident that we can build on the strong momentum we have generated over the last four years."
The London startup secured Series A backing from previous investors and new participants to accelerate growth.
"We have seen how our service has not only managed to cope with increasing demand but the testimonials from customer’s shows that fast, reliable and safe deliveries of pharmacy products is here to stay. With this funding we will accelerate our growth and promote our service to the masses. We are excited to be at the forefront of the digitisation of pharmacy shopping."
Cornerstone Partners has led a pre-seed investment into Hutch Logistics alongside angel investor Andy Davis.
"Cornerstone are delighted to be working with Sait and the rest of the team to support Hutch’s growth plans. Their innovative tech platform and micro warehousing concept is compelling and represents a unique opportunity to serve the rapidly developing independent eCommerce sector. We look forward to supporting the business over the coming years and working with Andy and the other angel investors who participated in this round."
The funding round was led by Downing Ventures alongside Publicis Groupe, London Co-Investment Fund, and University of Bristol Enterprise Fund.
"There has been a major generational shift in consumer behaviour that has stemmed from a trust crisis – trust in institutions, in brands, and in advertising is at an all-time low."