The oversubscribed round was backed by 1818 Ventures and a syndicate led by Sarah Williams-Gardener.
"DataWollet is addressing a huge challenge within financial services. The combination of neurosymbolic (systems that learn from data while reasoning transparently) AI, real-world application, and a strong execution capability makes it a highly compelling proposition."
The Series A round was led by Eos Ventures and the Development Bank of Wales to scale investment products and expand operations.
"A lot of hardworking professionals look like they’re doing well on paper, but still feel unsure whether they’re actually making the most of their money. They’ve outgrown entry-level investing tools, yet traditional wealth management often feels overcomplicated and expensive for what it delivers. Sidekick is designed to remove unnecessary complexity and give people access to investment tools that have traditionally sat inside private banking. This funding allows us to scale that approach, expand our investment offering and reach more people who want transparency rather than complexity."
The recruitment technology scale-up secured backing from investors including Peter Bauer and 1818 Venture Capital.
"This is a significant moment for the team at Willo, and also for the UK tech start-up scene. It’s no secret that the investment landscape has been challenging of late, so to receive this level of backing from investors like Peter Bauer is a massive statement of faith in what we have achieved and where we’re going."
The financing round was co-led by Pact VC and TheVentureCity, with debt backing from Columbia Lake Partners.
"We’re looking to address the growing inequity of wealth creation and let the money of hard-working entrepreneurs and professionals work harder. With over a million people in our target demographic in the UK seeking support for their financial goals, the demand for innovative wealth management solutions tailored to their unique needs is undeniable. Sidekick exists to ensure that it’s not just the ultra-wealthy that have access to the tools and products needed to secure long-term financial prosperity."
Achmea Innovation Fund has backed the micromobility insurer in a round led by Shift4Good.
"In a world where the demand for green and healthy transport options continues to rise but electric bicycles are also becoming increasingly expensive, Laka is at the forefront with innovative solutions."