The West Midlands Co-Investment Fund is an equity vehicle established by the West Midlands Combined Authority and the West Midlands Pension Fund to back high growth regional small and medium sized enterprises.
Future Planet Capital Regional backed the healthtech firm as part of a wider £9m funding round.
"Securing this investment from Future Planet Capital Regional and the West Midlands Co-Investment Fund is a significant milestone for Rem3dy Health. It’s particularly meaningful to have a strong West Midlands investor join us, further cementing our roots in this dynamic region. This funding will be crucial as we scale our manufacturing capabilities and expand our reach globally, continuing our mission to provide truly personalised and sustainable health solutions."
The funding round was backed by Midven, Rigby Group, and Haatch Ventures.
"This investment, coupled with our success in the OneToWin competition, marks a significant milestone in our mission to revolutionise affordability assessments. With this funding, we can expand our team, enhance our technology, and bring our innovative solutions to a wider market. It’s hugely rewarding to be able to improve the financial well-being of individuals whilst also increasing efficiency for creditors."
The investment was led by the West Midlands Co-Investment Fund alongside Ufi Ventures to support content expansion and international localisation.
"This investment will have a huge impact on Assemble You and our mission, allowing us to tackle the widespread problem of disengaged employees head-on. Traditional digital training methods simply aren’t working, and we’re providing a solution that’s not only more engaging but also truly accessible to everyone, including deskless and neurodiverse workers. This funding will enable us to expand our content library, reach more learners, and ultimately create a more skilled and future-ready workforce."
The funding round was backed by the West Midlands Co-Investment Fund, Ecotricity, and prominent business angels.
"I led on the establishment of West Midlands Co-Investment Fund because SMEs are the lifeblood of our regional economy and it's clear we must improve their access to finance to support their growth journey. These local businesses will help continue our region's recovery and I cannot wait to see them succeed. I'm delighted that 'You. Smart. Thing.' has become yet another business to benefit from this new fund, and I'm confident this investment will help the business reach more clients and build on the success it has already achieved."
