Giant Ventures invests in purpose-driven entrepreneurs addressing major global challenges across Europe and the US. The firm was established by technology founders to support companies from pre-seed through to growth stages.
Giant Ventures led the seed financing round to help build a comprehensive electric vehicle ecosystem in Europe.
"Papaya is on a mission to electrify Europe's fleets. We are committed to empowering the electrification ecosystem by removing any barriers and connecting service providers and fleets in one single system, where anyone can plug in; creating market efficiencies instead of just company efficiencies."
Lowercarbon Capital led the pre-seed round, with participation from Passion Capital, Giant Ventures, and firstminute Capital.
"Most people do not understand the value of waste,"
The seed round was co-led by Giant Ventures and Armilar Venture Partners to support expansion into the UK and Europe.
"We are incredibly excited to have secured such high calibre investors and to have received the continued support of our existing investors, who all believe in our mission of removing barriers to education and empowering economic mobility. With StudentFinance, it takes an average of just four months for reskilled students to find more lucrative employment compared to the UK market average, where the majority of graduates only find employment up to 15 months on from completing their studies. The pandemic has only reinforced the need for solutions that enable people to access quality education to secure employment opportunities and we are making it a reality."
