SFC Capital led the pre-seed round, which will fund team growth, international expansion, and immersive technology research.
"We are delighted to have led Virtus Tech’s latest funding round. With their easy-to-use VR/AR technology, it will bring training to a large number of people and can be carried out anywhere, at any time. With the widening adoption of VR/AR, there has never been a better time to invest in the space and the team behind Virtus Tech have the skills and experience to capitalise on this market."
SFC Capital led the seed round to support team and platform growth at the payments startup.
"We are both incredibly excited to be working with SFC Capital to further our ability to provide seamless support to marketplaces and merchants within the industry and continue to solve the current problems associated with complex money routines under PSD2 regulation. Ryft was created to handle everything so your business doesn't have to."
The pre-seed round was led by SFC Capital and accompanies the company joining the Techstars accelerator.
"Brand values are more important than ever to consumers, and studies show that investment in social impact partnerships has a positive ROI. It’s a win, win, win, for causes, retailers, and consumers. We are stoked to be backed by two incredibly reputable and active investors in realizing Virtue’s vision"
The Hull-based no-code app builder has secured seed investment from SFC Capital to fund research, development and operational growth.
"We started February after identifying a distinct gap in the UK market for a no-code app developer and that the route to that market was quickly achievable with the skills and team we had and were able to pull together,"