The financing concludes a total Series A raise of £9.5m and will support global expansion and AI product integration.
"We have invested heavily in data architecture and leveraged our governance expertise to build data structures that ensure the utmost integrity around entity data, which enables the development of highly accurate and time-saving AI features. Thanks to this funding round, we can supercharge the Kube platform to empower enterprises to manage, analyse and visualise entity data in a way that will transform day-to-day operational efficiency. We’re delighted to be partnering with Barclays as both a customer and investor, and to see our relationship with Nasdaq Ventures go from strength to strength."
The round was led by BGF, Shell Ventures, and Move Energy alongside existing investors Barclays and Clean Growth Fund.
"We are thrilled to have BGF and Shell Ventures support in our mission to decarbonise cold chain logistics. Their investment, alongside the continued backing of our existing investors, is a real validation of Sunswap’s journey to date. This funding will be instrumental in accelerating our growth and expanding our presence in the UK and European markets. It will enable us to ramp up production, support further customer trials, and invest in the development of our zero-emission technology. Together, we will work towards a cleaner, greener future for cold chain logistics, helping businesses meet their sustainability targets."
The London-based residential energy services company has raised debt financing from Barclays to widen access to domestic green technology.
"Many homeowners naturally want to invest in renewable technologies but are put off by the extraordinarily high upfront costs. That’s why we’re focused on removing barriers to help more households take control of their energy bills and carbon emissions. We’re delighted to be working with Barclays to help us develop and scale flexible finance solutions with all-inclusive cover built-in, to enable homeowners to make the switch to clean, green energy with confidence."
