The funding round was led by Nesta Impact Investments to support product development and international growth.
"WeWALK’s products are already transforming the lives of visually impaired people across the world by improving their mobility, but there’s so much more to be done. We want to scale our business to reach a wider global audience and advance our technology to offer better, more meaningful information to visually impaired people, older people, and anyone that faces mobility challenges. This VC-backed round will enable us to unlock that next phase of development and transform mobility for millions."
The crowdfunding campaign was backed by over 280 investors and featured lead participation from University of East Anglia Enterprise Fund and Capital Pilot Boost Fund.
"It’s time to shake things up. We know people want to buy from better places, but right now it’s too hard. After working for Greenpeace for the better half of a decade as a speaker and fundraiser, people kept telling me: ‘I want to buy more sustainably but I don’t know where to go.’"
The smart money app secured the initial funding target within eight hours from over 3700 participants.
"I want to thank our 3700 investors for joining Plum in its journey with this new round of crowdfunding. I am thrilled to see that our campaign has secured such good traction in a short amount of time and I am excited for what is yet to come."
The digital wealth manager closed its latest crowdfund following strong retail demand.
"We’re blown away with the reception our second crowd raise received this week. Giving our community the chance to share in and shape our future has always been a priority, and our customers have been instrumental in the evolution of our products and services to date. Given the current economic climate, our mission to help people build wealth with confidence has never been more important. Our focus now is on finding new ways to guide and support people with financial planning throughout their lives. By continuing to focus on the under-served mass market we believe we are on a path to create the UK’s category-defining wealth platform."
