The company completed the largest convertible round in UK crowdfunding history in under 48 hours.
"This round means big things for Chip. The growth we’ve seen this year has been incredible, but it’s time to take the business to the next level. Right now we are presented with a huge opportunity to capture a slice of Europe’s €30 trillion savings market that’s ripe for disruption, and Chip is poised ready to accelerate and dominate this space as a market-defining savings and wealth management app."
The seed round was led by Element Materials Technology to support market expansion and product development.
"We are very excited to close our seed investment round. Element is a world leader in the Testing, Inspection and Certification sector, and it’s clear that partnering with them will accelerate all aspects of our business. We look forward to growing the business with their expert support."
Nickleby Capital led the Series A financing round to support technology development and service growth.
"Medefer was born out of a desire to empower the NHS to deliver a radically faster, safer and more effective service from referral, through diagnosis, to treatment and discharge. Our software can fundamentally transform the delivery of outpatient services. This funding round will enable us to support the NHS during its most challenging times in its 72 year history, and to continue to innovate in virtual specialist care."
— Bahman Nedjat-Shokouhi, CEO and Consultant Gastroenterologist
BGF has backed the Wakefield-based transport management software provider in a Series A round.
"When we started the business there were clear gaps in how special needs schools and hospitals were managing transport services. Our business is based on getting care to people who need it as quickly and efficiently as possible and this investment is going to fast track the roll out of our technology while also expanding the team to make that vision a reality. BGF clearly understood our mission and the pressing need for a technology-based solution to make specialist transport services as efficient as possible."
