The Birmingham-based smart electric vehicle startup has raised funds to expand manufacturing and advance autonomous mapping.
"We are delighted that AIN investors have backed our vision of transforming the mobility sector with a powerful and portable alternative to full size Smart EVs such as Polestar, Tesla and Lucid. There is simply no 2-wheel EV platform on the planet that would take all large 4-wheel EV perks and make them portable, from eliminating range anxiety to worldwide tracking to supercharging."
The pre-seed round was led by Sparkmind and will fund platform development and European expansion.
"At Vygo, we believe that every human deserves a world-class education and that social experience is at the core of impactful learning. The Vygo platform gives every learner a social education community filled with their peers, mentors, tutors, advisors and other supporters. With Vygo, education institutions are able to reinvent their social support ecosystem online and ultimately improve their student outcomes whilst scaling their impact. We were delighted to work with AIN to find amazing investors and individuals through a well-streamlined process."
The oversubscribed round will fund inventory, marketing, product testing, recruitment, and intellectual property protection.
"Until Oodee, there has been an acute lack of evidence and support for women and men who can’t find a solution to random skin flare-ups. It can be a lonely, frustrating, and often painful place to be. Something I have struggled with for over a decade. We are delighted that angel investors have backed our mission to close the gap and change the face of skincare as we know it."
The cleantech company completed a £5m financing round featuring a Series A investment and capital from Angel Investment Network.
"We are excited to be working with eleXsys Energy in this period of significant growth for the company. This raise ensured that eleXsys secured the backing of strategic and experienced investors as they expand their global reach and make their mark on international markets. Our passion-driven investors want to support businesses that solve real problems and there’s arguably few greater problems to solve than how to dramatically scale the move to clean energy."
The ecommerce startup raised the funds in six weeks to advance its proprietary technology and team growth.
"We are thrilled to have conducted our second successful raise in just five months backed by our current investors who saw our progress as well as gaining the trust of significant new investors. Raising investment in any climate is very difficult and takes hours of meetings, calls and late nights; so having subject matter experts buy into our vision of building a scalable, disruptive business and cleaning up the standard of product information is a huge validation of our mission and the team we have put together."
