The investment round was led by the Investment Fund for Northern Ireland to support international commercial expansion and product development.
"We’re delighted to have the support of the Investment Fund for Northern Ireland and our other new and existing investors at this key stage in our journey. This funding will enable us to significantly scale sales of our current medical devices, and also to extend our product portfolio through additional FDA approvals. Our technology offers an entirely new approach to treating serious global health challenges through safe, non-invasive neurostimulation."
The funding round was backed by Mercia, the MEIF Proof of Concept and Early Stage Fund, the Angel Co-Fund, and private investors.
"The world of work has never been more complex, so it is important that organisations make decisions based on accurate data. At HR Datahub our mission is to give them the analysis and the insights they need. The funding will enable us to add a new level of sophistication to the platform and roll it out to an even wider audience."
Origin Capital led the seed investment, which will fund team expansion and technology automation.
"We are delighted to achieve this investment in the current market conditions. It is testament to Muve’s capabilities and very strong market fundamentals. Our investment partners are highly experienced investors who will contribute enormous insight in a period of rapid growth of the firm."