Gresham House is a specialist alternative asset management group focusing on private and public equity, forestry, natural capital, sustainable infrastructure, real estate, and renewable energy.
The transport technology scaleup will use the capital to scale its North American footprint and widen its product portfolio.
"The investment from ENV, Foresight Group, and Gresham House Ventures will support us in our mission to optimise transport networks and improve urban infrastructure, increasing both the safety and sustainability of our roads. Our growth over the past year is a testament to our hard-working team, and we look forward to the opportunities that 2023 will bring, especially when it comes to expanding our product suite and continuing our international expansion."
The financing round was co-led by Molten Ventures and Gresham House.
"We are delighted at this show of confidence in FocalPoint from new and established investors amidst a challenging market backdrop. Our IP portfolio is strong, this injection of capital will enable us to move faster to meet the demands of several big customers in the US and South East Asia, and to accelerate our IP portfolio growth."
Gresham House Ventures backed the retail integration platform with a follow-on investment to power international growth.
"We’ve been working with Patchworks for a few years now, utilising both their iPaaS and their new Stockr product. It’s great to see them grow and start to reach their full potential. They have supported our growth in the time we’ve been working with them and really helped us get to where we are today, including supporting us to grow 215 percent, and placing 6th in this year’s The Sunday Times Hundred 2022."
Gresham House Ventures has backed Fu3e with £3.5m to support product development and sales expansion.
"When first approached by Gresham House Ventures, we knew that we had immediate synergy and were aligned on the potential of fu3e. as a real market disruptor. The value that the Gresham House Ventures team brings through funding and scaling expertise will accelerate fu3e.’s ability to increase industry awareness and expand market share. This comes at a pivotal time for an industry that is increasingly moving towards digitisation and rethinking and adapting the way employees work. Now, professionals are embedding technology into their decision-making, redefining skills, talent processes and practices to help them prepare for the future."
