Maven Capital Partners and the Northern Powerhouse Investment Fund backed the Liverpool-based retail data platform.
"MG was founded by a strong team of retail experts and the technology they've created addresses a genuine need for both retailers and consumers. MG have received encouraging traction from several high-profile retailers, and we're pleased to support Richard, Stephen and Stewart at such a pivotal point in the company's growth journey. We look forward to working with the team to help drive MG forward."
The Sheffield-based edtech platform raised the capital from Mercia funds to enhance its technology and grow overseas.
"Online learning now plays a key role in education but nothing can replace the benefits of one to one tuition. Tutorful offers the best of both worlds – it offers students easy access to some of the best teachers in the UK while leveraging the power of technology to make learning more fun and engaging. The platform has potential for use worldwide and this latest investment will help us to expand into other overseas markets."
The Middlesbrough pricing software developer has raised further backing from the Northern Powerhouse Investment Fund.
"Bubo.AI is the only AI-driven pricing software that takes the perceived value to customers into account. We have been delighted by the awards and other recognition we have received so far. This funding will allow us to maintain our position at the leading edge of AI and establish the software as the world leader in its field."
The funding round was led by Maven Capital Partners via the Northern Powerhouse Investment Fund to support technology development and team expansion.
"The time is right to accelerate our growth and invest across the business in our proven technology solutions to expand their take-up and unlock new A.I applications,"
The haulage recruitment specialist has raised £300k from Mercia and chairman Keverne Watt to fund expansion.
"The pandemic has had a major impact on supply chains and the haulage industry. By improving efficiency and enabling them to recruit drivers remotely, our platform has helped firms to keep going in these uncertain times. With continued pressure on costs, it is all the more important for operators to minimise unnecessary expenses like recruitment fees to enable them to maintain profits and improve drivers’ wages."
