The seed round was led by PROfounders Capital to support product development and team expansion.
"We’re now seeing a huge rise in demand for preventative mental health solutions, especially as work from home isolation becomes the norm, and we’re drawing a lot of parallels with what happened in the digital fitness market. We’re excited to have the minds behind some of the biggest consumer and media businesses in the world helping us build the next big consumer brand in the mental health space. Our mission remains unchanged: we want to make the world a happier place by making looking after your mental health as normal as going to the gym."
The seed round was led by Atlantic Food Labs with participation from Seedcamp, MMC, and the Oxford Seed Fund.
"There’s never been a better time to build a digital health company, particularly in the diabetes space. With skyrocketing rates of chronic disease crippling our healthcare systems, the COVID-19 pandemic accelerating adoption of digital healthcare interventions, and increasing patient awareness of the importance of a healthy, balanced lifestyle, we’re not only hoping to build a massive business—but also to help millions of people across the world to live longer, happier lives."
The oversubscribed round was co-led by ADA Ventures and Slingshot Ventures to support the development of remote dental care technology.
"From first hand experience as dentists, we’ve seen patients have to overcome many hurdles in servicing their oral health needs. We are developing proprietary AI and Image Recognition technology to empower patients. With so many dental diseases preventable we are pioneering a new way for patients to uptake dental treatments and see a dentist on demand through amazing technology."
Hearst Ventures led the seed round for the account-to-account payment specialist.
"The global financial ecosystem is moving rapidly away from traditional payments systems and towards open banking and real-time payments. Vyne sits at the bleeding edge of this revolution, by improving the payment experience for all stakeholders. The team’s commercial success is testament to their expertise and commitment to innovation, and we’re delighted to be supporting their continued growth."
The Series A round was led by Force Over Mass and included debt financing from Atalaya Capital Management.
"Koyo launched at the start of the global pandemic and has proven that innovative use of open banking data results in better risk decisioning and ultimately has enabled us to grow the business during one of the toughest economic times the UK has faced. I’m proud to have continued to give many people in the UK access to competitively priced credit, during a time where most traditional lenders were quick to scale back their lending."
