Tomahawk and Ascension led the pre-seed round, with backing from Haatch and NBS Ventures, to support the growth of the social lending platform.
"We’re on a mission to personalise credit scoring and create a fairer way to assess creditworthiness. By making smarter lending decisions based on a person’s actual behaviour and current financial position, we will be giving financial independence to millions of people currently excluded from life-changing loans. I’m one of the ‘13 million’ and I have a deeply personal experience with the blunt instrument that is our current outdated and odious credit scoring system. This investment is a big step towards creating a world where everyone is treated fairly and can access affordable finance."
Haatch Ventures and NorthInvest led the seed round to support international expansion and product development.
"We’re thrilled to be backing such an ambitious team committed to making the switch to electric vehicles much easier and a more sustainable future for all. Diode is uniquely placed to fill a growing gap in the market and has the potential to disrupt the industry across the UK and the rest of the world."
The Series A round was led by Haatch Ventures to support headcount growth and international expansion.
"Homecare is in need of modernisation globally and technology is helping to revolutionise the way it is provided for agencies, carers and their clients. Recent research by Age UK reveals that the number of over 75s is set to double in the UK and 30% of elderly patients needing care will not get a bed in a care home. Carers are the backbone of homecare and the pandemic has shown how integral they are to keeping families and clients connected. I’m excited about the innovation coming to the homecare sector and proud to be a part of it, in the UK and internationally."
The seed round was led by Ufi Ventures to support product expansion across corporate and education markets.
"We’re living a pivotal moment for the L&D industry and we have a unique opportunity to build the future of what it means to learn, to give everyone a chance to unlock their full potential and make the workplace more humane."
