£1.0M
Techstart led the £1m round, which also drew backing from angel investors and the British Business Bank.
"We’ve had a great first year with over 300 e-commerce stores from 23 different countries choosing Machine Labs to increase their sales,"
Portfolio
2
companies
Machine Labs
Machine Labs provides an automated e-commerce marketing platform for online stores.
Deliveroo
Deliveroo operates an online food delivery platform connecting consumers with restaurants and riders.
Doug Gurr
Amazon UK Country manager
Techstart led the £1m round, which also drew backing from angel investors and the British Business Bank.
"We’ve had a great first year with over 300 e-commerce stores from 23 different countries choosing Machine Labs to increase their sales,"
The investment round was led by Amazon with participation from T. Rowe Price, Fidelity Management and Research Company, and Greenoaks.
"This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their personal tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders."