The clean tech start-up has raised £2.4m to fund expansion plans and roll out its portable solar sculptures.
"With this new funding, we want to scale our business and maximise the disruptive potential of our ultra-thin and lightweight solar solutions by facilitating a new generation of solar users ready to have a positive impact on the planet."
The pre-seed round was led by Innovate UK and Founders Factory with backing from global angel investors.
"Umazi is a fantastic example of the kind of regtech innovation needed to transform an all too unglamorous but vital function – corporate due diligence. As a partner, we’re delighted to be trialling Umazi’s technology, and early indications show it will help make our own supplier onboarding process much more efficient."
The London startup secured the capital from backers including Founders Factory and Craig Burkinshaw to drive its marketing efforts.
"First and foremost we’re going to plough the money into marketing – to not just get Karmacist out there but explain the breakthroughs our Harvard and Stanford scientists have come up with."
The seed round was co-led by Oxford Capital and YZR to fund expansion into international markets.
"Increasing access to the right diagnostic imaging and testing is vital to saving lives. It offers preventive healthcare that, if delayed, can cause significant problems to the patient and put even greater pressure on the healthcare system. In my role as an osteopath I've seen how the deterioration of patient wellbeing can be impacted by the cost and access of such tests. With this new investment we can continue to grow our network to get the tests that help to direct patients to the optimal therapy for the best outcome."
Innovate UK and Founders Factory backed the traveltech startup to accelerate its sustainable holiday platform.
"Our tech-driven approach to slow travel is not just about providing holiday experiences grounded in travelling through, rather than flying over, but about accelerating the world’s transition to sustainable travel. The past year saw the world forced to slow right down. Emerging from lockdown, many people are now choosing slower, more sustainable holidays that take them away from the crowds and help them enjoy the journey as much as the destination.We’re taking the time, and the work, out of planning and booking off the beaten path trips by train, boat and bike – and the reception we’ve had has been glowing. Our personalised, experience-based approach and on-demand WhatsApp support means holidaymakers get to spend a whole lot of time enjoying their trip and none at all managing multiple tickets, complicated timetables, and changing travel restrictions."
