Octopus Ventures is a European venture capital firm that backs growing businesses.
The Manchester-based enterprise software company has raised £54.4m from SoftBank Vision Fund 2 and existing backers to scale its decision intelligence platform.
"We’re proud to be working with some of the biggest brands in the world. Modern businesses are complex and operate in an ever-changing world. It’s becoming impossible to run them without AI, which is enabling them to make consistently great decisions, faster and more accurately than ever before."
The seed round was co-led by Octopus Ventures and Connect Ventures to support team expansion and technical development.
"We are incredibly excited to support Comma’s vision"
The Series C round was led by BGF with participation from BlackRock, Hiro Capital, Westerly Winds, Octopus Ventures and IPGL.
"Elvie has already revolutionized every category it has entered – but we know that we have barely scratched the surface of what is possible for women’s tech."
The London-based start-up raised £3m from Octopus Ventures and several prominent founders to develop its stress reduction platform.
"We live in a society that’s created an unsustainable pattern of living where workplace culture is synonymous with burnout and stress is seen as a necessary by-product of success. The past 18 months have put a much-needed spotlight on the terrible impact of stress on our health, and for the first time, employers are taking notice."
VNV Global led the Series A round to support international expansion and product development.
"We are delighted to be partnering with Collectiv to help achieve our sustainability objectives, whilst also delivering material savings. Their innovative approach to supply chain fits well with our vision to be London’s leading boutique restaurant group and enables us to meet the growing customer demand for greater quality and traceability."
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