£4.0M
The PropTech startup has closed a Series A round led by current investors and the Future Fund to drive platform enhancements and growth.
Future Fund
GovernmentThe Future Fund is a government-backed scheme supported by the British Business Bank.
Recent investments
£1.7M
The funding round includes backing from the UK Government and leAD Sports Accelerator.
"COVID is driving seismic shifts in the way people move around cities. As Londoners look forward to a new way of living and working, there’s an opportunity to change our daily lives to be healthier and more sustainable. This is where Buzzbike can help. For key workers in the city, cycling has proved a safe way of getting round, and we gave free bikes to NHS staff at the start of the crisis."
Future Fund + 3 others
£455K
The company has raised £455k from existing backers and the UK Government Future Fund.
"We’re tremendously proud that our existing investors have stood by our vision to disrupt the mobility sector. We’re continuously moving our product forward and this fundraise will allow us to accelerate the development of our Demand Responsive Transit and smart mobility platform allowing transport operators to improve their profitability and increase their ridership"
£7.8M
The round was led by Global Brain and the European Bank for Reconstruction and Development to fuel product development and international growth.
"Plum is becoming the one single app for all your financial needs"
Global Brain + 3 others
£5.1M
The financing will support clinical trials, product development and team expansion as the business pursues international regulatory approvals.
"Our work in the US and the success of the trials we have run to date have demonstrated the potential of our technology and encouraged us to pursue other applications. With this financing and the backing of our investors we can accelerate our mission of delivering effective and non-invasive solutions for some of the most common and debilitating medical conditions."
