Bethnal Green Ventures operates as a prominent early-stage venture capital firm in Europe focusing on technology designed to generate social and environmental impact. Since 2012, the firm has backed dozens of ventures aimed at improving millions of lives worldwide.
Oxford Capital led the pre-seed round to help the startup launch its first product.
"As two women from the North East, we’ve had to overcome significant challenges to get to this stage. But as a result, we’re extremely intentional in our approach. And we’re unwavering in our commitment to do right by people"
The pre-seed round was backed by Bethnal Green Ventures, Resolution Foundation and Ufi Ventures.
"The chronic skills shortage across all skilled trades presents a huge economic opportunity that is currently being missed due to a lack of visibility and outdated gender norms. We are delighted that Bethnal Green Ventures, Resolution Foundation and Ufi Ventures have invested in TaskHer to fuel the work we’re doing to tackle these social challenges"
The oversubscribed seed round was led by Octopus Ventures with backing from Goodwater Capital, Y Combinator, Calm Storm Ventures and Bethnal Green Ventures.
"Tinnitus currently affects around 50 million people in the US and UK, of which 20 million have intrusive tinnitus, a condition that can severely impact an individual’s life. For many this is a condition that they have little choice but to ‘learn to live with’. The Oto team, however, refuse to habituate and instead are providing a 10x cheaper and more convenient way to help people manage their condition. Though they probably don’t complain, we all know someone who suffers from tinnitus and have seen the effects it can have on an individual’s life. This is one of the reasons we wanted to support George, Ed and the entire Oto team as they tackle the market and provide an innovative digital solution to a long overlooked issue"
The pre-seed round was led by British Design Fund with backing from Bethnal Green Ventures and angel investors.
"While working in central London, I discovered my employer had a two-year waiting list for bike parking spaces, which I thought was crazy."
The UK digital health startup has closed its pre-seed raise with backing from Y Combinator and multiple angel investors.
"It is a huge achievement for us to be accepted onto Y Combinator and we’re incredibly excited to be a part of such a prestigious global movement that has an unparalleled track record for success. I know personally just how debilitating tinnitus can be and so as a team, we’re looking forward to learning from the very best innovators and entrepreneurs as we explore new ways to accelerate our growth and make a difference in the lives of as many people living with tinnitus as possible. Coupled with our pre-seed investment round, 2022 is shaping up to be a truly formidable year for Oto and for the tinnitus community."
