The biomedical startup has closed a £2.3m Series A round backed by Mercia Asset Management, ACF Investors, Wren Capital and Wealth Club.
"Adapttech brought its first product to market during 2021, successfully securing a number of sales. We are delighted to be supporting the team with a follow-on investment to continue to scale the business and build out the product portfolio."
The funding round was led by 24Haymarket with participation from ACF Investors to drive international expansion.
"Monterosa's Interaction Cloud platform has demonstrated a unique value proposition to the Company's rights holder and media customers, allowing them to more successfully navigate changing consumer habits and optimise their revenue potential"
The pre-Series A round was led by ACF Investors with participation from a range of institutional and angel backers.
The follow-on funding will support platform adoption and commercial growth.
"Banks are embracing end-to-end execution and better customer experience across the value chain. The front-end deal syndication process is the logical next step in terms of digitisation in capital markets. We look forward to working with Mandalore Partners and ACF Investors on delivering platform adoption in this space."
The pre-employment screening platform raised £2m in follow-on funding to scale its credential verification services.
"Veremark’s aim is to help companies hire with greater confidence. Our platform is about bringing speed, simplicity and security to the hiring market. It doesn’t matter whether you are hiring in Bermondsey, Bangalore or Baltimore – we enable companies to check the claims and credentials of those they are looking to bring onboard into their companies. We see this round as an initial stepping stone in the start of transforming the overall ‘Trust’ market and build a new category around credential management to drive greater efficiency in the hiring market and beyond"
