The early-stage funding round was led by RYSE Asset Management and brings the company total to £1m.
"The social care sector was facing enormous pressures even before COVID-19 hit. It is also a sector that has been left behind when it comes to technology. The pressure was already there, but when COVID-19 hit, many care settings realised that they simply had to address their data systems. Again, and again, Care Managers on the front line have told us the most significant benefit of using Log my Care was the time saved on paperwork and administration, which has a big impact on costs as well as care quality. It is also clear that identifying COVID-19 cases early and reacting quickly is crucial in preventing further outbreaks, so we wanted to build tools that will help care settings do that at the earliest opportunity."
TwinklHive backs digital wellbeing platform Champion Health as demand rises during remote working.
"We have seen a significant increase in demand since the lockdown in the UK began. Employee wellbeing is now at the forefront of business leaders minds. There has definitely been a shift in attitude towards workplace health in the past 3 months and we can only see the need becoming greater. Businesses have been coming to us specifically seeking online tools and advice to support their employees as they work remotely. Due to home working, many employers are finding it difficult to spot the warning signs of their team members struggling and may not be equipped with how they can support them."
Heartcore Capital led the pre-seed round, which included backing from various industry executives and angels.
"We know that people are actively looking for simpler, faster new ways to shop and we’ve seen it first hand: Weezy only just opened for business, and already we’ve had hundreds of signups without having publicised our launch. Those signups are more than doubling week on week. In the current climate it has become less viable, and even less appealing, for consumers to visit stores."
The pre-seed equity funding comes from the Cornwall and Isles of Scilly Investment Fund to support research and development.
"There is a lot of pressure on farmers and food producers to become more efficient and increase productivity. Adopting technology is crucial, but there is a risk that the amount of data generated by new technology will become overwhelming. Our GlasCore dashboard helps by pulling all of the data about a farm or food production business into one easy to use and simple to understand screen,"
Catapult Ventures has backed the Manchester based digital health start-up to fund product trials.
"Healthbox CIC, is really excited to work alongside MyHelp. This new innovative product has huge potential not only to save money to an already overstretched mental health system but will also support people and, as an added bonus, save counsellors’ time."
