SFC Capital has backed the London startup to expand its visual application development software.
"We’re excited to be partnering with such a renowned institution as SFC Capital in our efforts to make app development accessible to everyone. The day when my non-technical mum can design and launch her own tech startup without a technical co-founder is coming and this helps put us one step closer to that"
SFC Capital has backed the Imperial College London spinout to fund prototype development and pilot deployment.
"Honeycomb Network represented a timely investment opportunity for SFC Capital to get ahead in the booming micromobility market. This investment will play a pivotal role in the next big milestones for the company; enabling the final development of their first fully working prototype locker and increasing capacity to engage with multinational supermarkets, retail parks and local councils to discuss the future installation of the units citywide. We are very much looking forward to seeing them grow and supporting their journey."
The seed round was led by SFC Capital to support the development of tracking technology and user experience.
"CauliBox is excited about working with SFC Capital to further our mission to eliminate single-use packaging waste in the food-to-go industry. We will be working with our catering partners to focus on improving our tracking technology and refining the user experience to ensure the circularity of our reuse scheme while helping our users to switch to more sustainable practices without hassle."
The funding round was led by DSW Ventures with backing from Mercia and SFC Capital.
"I am delighted to welcome DSW Ventures and Mercia on board at this exciting time for the company. The raise was oversubscribed by 60%, helped by the continuing support of SFC Capital and our angel investors. This puts us in a strong position as we move into the next phase of taking our products to market."
The seed round was led by SFC Capital to support sales expansion and customer onboarding.
"We’re incredibly excited to have SFC Capital on board. Their support and guidance throughout this seed round has been invaluable, we are also delighted that several of our existing investors have joined them in this round."