£63.8M
Bud secures £63.8m Series B funding led by Bellis Phantom Holdco to drive international expansion and product development.
Bellis Phantom Holdco led the round to support the company's technological growth and global reach.
Outward is a London-headquartered early-stage venture capital fund that partners with founders by leading their first institutional funding round.
Bellis Phantom Holdco led the round to support the company's technological growth and global reach.
The seed round was co-led by BrightEye and Outward to support team expansion and product innovation.
"Following the 2008 financial crisis, a huge part of our economic recovery was down to individuals taking a risk, being entrepreneurial and starting new ventures."

The funding round was co-led by Pentech and Outward to support infrastructure development and team expansion.
"When raising capital, VCs are obliged to undertake a countless number of time-consuming, long-winded and expensive processes. This deter many prospective managers from raising a fund, and therefore prevent many founders from getting funded."
The Series A round was led by Felix Capital with participation from existing investors to scale employee healthcare services.
"The pandemic has shown us that employers can’t just talk about supporting their employees’ health and wellbeing anymore, they have to take action. More and more leading businesses are turning to us to provide the support their people really need – not a one-size-fits all solution, but support that is trustworthy, personalised and delivered by experts. We’re still at the surface of what is possible for Peppy."
The seed round was backed by Outward VC and B&Y Partners alongside strategic angel investors.
"The IFG mission is really simple: we want to help bring a quarter of the world’s population back to even keel. For too long Muslims have not had the same access to investing and finance as everyone else, and we are incredibly motivated to change that,"