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."
Downing Ventures and Gresham House backed the latest funding round to support software kit development.
"As we transition out of numerous lockdowns, businesses globally are realigning their working environments and travel policies to meet this new way of working. Virtual and hybrid meetings now have a permanent place in their communications and marketing channels, and we’re innovating to support that. It’s a very interesting time for us at Glisser as we embark on the next stage of our growth journey."
The £3m round was backed by Maven Capital Partners and Gresham House Ventures to support regional relocation and US growth.
"We are delighted to reaffirm our support for RevLifter and this additional investment cements our belief in the continued growth of the business. Maven manages a diverse range of funds and can use a combination of these, alongside working with other investors, to structure a flexible financial package that is tailored to the financial objectives of the business. This comprehensive offering is enabling RevLifter to tap into the digital talent pool in the North East of England and build an infrastructure which will allow it to scale."
Gresham House invests £63m through its British Strategic Investment Fund to accelerate the delivery of ultrafast fibre connectivity across the UK.
"The Telcom team has impressed us with its customer-driven approach to delivering high-quality fibre service to both commercial and residential settings. The business’ repeat customer base demonstrates its expertise in providing gigabit connectivity where and when needed, and will allow our investors to benefit from a reliable recurring revenue stream."