Members of Green Angel Syndicate have backed the durable goods e-commerce platform in a £550k round.
"I hate fast fashion and loathe products which are designed to break or wear out quickly. I also don't much like shopping. BuyMeOnce is a revelation. The best due diligence you can do on an investment is to use it before you invest, and for me buying clothes and kit from BuyMeOnce has been a really pleasurable experience. BuyMeOnce ticks all the boxes – it is an exciting high growth company which reduces waste and cuts the time I have to spend doing things I don't like."
The funding round was led by Green Angel Syndicate to expand international laboratories and build the UK scientific team.
"forensic scientists have used DNA to identify individuals at crime scenes for years – now we can use our technology to identify the whole range of species, from bacteria to birds, present in the environment using small samples of soil or water taken by non-experts in the field and processed in our laboratories. Our technology can identify tiny fragments of DNA left behind by species and pin point exactly which species it is from."
Startup Funding Club led the £800k round with participation from multiple syndicates and funds to target the European market.
"We were ultimately impressed by the technology and the high quality team around Oliver Montague. There is a gap in the market for an affordable, easy to use eBike kit, and Swytch’s technology and its speed of innovation is the perfect match for SFC’s wider portfolio to invest in the future of urban mobility. We are very pleased to close this £800k investment round alongside our great co-investment partners."
Green Angel Syndicate led a £795k investment round valuing the e-bike conversion specialist at over £2.5m.
"Green Angel Syndicate was immediately attracted to the Swytch team and their excellent technology. This is exactly the sort of business which the world needs: it encourages mobility, reduces pollution, anduses fewer resources than cars or traditional e-bikes."