Congenica raises additional £13.25 million to reach a total of £23.3 million for Series B funding round

Cambridge, United Kingdom – 30th April 2019 – Congenica, the global clinical decision support platform provider, today announced it has raised a further £13.25 ($17.1) million in additional equity investment, led by Parkwalk Advisors. The round attracted new strategic investors, including Digital China Health Technologies Corporation Limited (DCHealth), alongside follow-on funding from existing investors. The total amount raised across its B round financings is now £23.3 ($30.1) million.

Congenica was recently awarded a multi-year contract to be the exclusive provider of Diagnostic Decision Support Services for the world leading NHS Genomic Medicine Service, allowing clinicians to use its Sapientia™ platform and expert support services to interrogate the human genome to identify disease-causing variants. The company is now looking to accelerate growth, with commercial scale-up to support further penetration into international markets, to expand on the initial focus of the US and China.

In addition, the new capital will drive the development of an enhanced product platform that harnesses the power of statistics and machine learning technology to augment the ability of users to make diagnostic decisions. In parallel, new versions of the company’s SapientiaTM platform will incorporate extensive automation and broaden the clinical and commercial focus to support cancer treatment decisions, pharmacogenomics and health management.

Dr David Atkins, CEO of Congenica, said: “With the formalisation of our partnership with the NHS, we are now focused on accelerating the introduction of important new features to our platform. These funds will allow us to automate SapientiaTM, to support wider usage and reduce costs to healthcare providers, helping more clinicians provide accurate, rapid and cost-effective diagnoses to patients and their families.

“In addition, we can now begin to penetrate international markets. The deepening of our relationship with DCHealth gives us greater insight into the needs of the China market, with the recent development of an on-premise version of our platform the most notable example.”

Mr David Shi, CEO of DCHealth, commented: “As the provision of routine clinical genomics services continues to increase in China and other global markets, the challenge of analysis and interpretation of genomic data into meaningful, clinically-actionable results is coming into force. Our investment reflects Congenica’s proven abilities and track record and underlines our confidence that its platform and services will contribute to the new era of genomic medicine internationally.”

Dr Andy Richards, Chairman of Congenica, said: “Congenica is at the exciting scale-up stage of its commercial development, at the forefront of the fast-moving genomics market. Its recent successes demonstrate that, with the right investment and leadership, world-leading technology companies can be built from UK science. With this additional investment, Congenica is poised to become the leading clinical genomics service provider; and will benefit patients globally.”

Source: https://www.congenica.com/2019/04/30/congenica-raises-additional-13m-for-series-b-funding-round/

Masabi secures £15.25 million Series E investment led by Smedvig Capital and MMC Venture

Investment from Smedvig Capital and MMC Ventures to fuel expansion of Masabi’s ticketing and payments platform and build on strategic partnerships with Uber, Transit, Jorudan and Keolis

London and New York – April 30, 2019 – Masabi, the company bringing Software-as-a-Service (SaaS) ticketing and payments to public transport, today announced a $20 million growth funding round with investment led by Smedvig Capital with MMC Ventures and other existing investors. The capital will accelerate Masabi’s global expansion of its award-winning mobility platform, Justride, and fast-track the company’s role in bringing digital transformation to transit agencies and operators of all sizes, enabling the foundations for integrated multi-modal journeys.

On target to exceed $1bn in annual transit ticketing sales over the coming year, Masabi will continue building on its recent additions to Justride, which removes the need for passengers to buy a ticket. Instead, they simply tap a contactless bank card, mobile phone or smartcard to travel. These innovations, together with world-first integrations with transport leaders including UberTransitJorudan and Keolis, are making it easier for people to discover and access public transit services in an efficient and scalable way, helping place public transit at the center of the global Mobility-as-a-Service (MaaS) movement.

“With over 85 million journeys enabled by the Justride platform in 2018 and partnerships with some of the biggest names in mobility, Masabi is already a category leader and the opportunities for global growth are significant,” said Jonathan Lerner, MD at Smedvig. “The combination of Masabi’s track record of customers, innovation and technology made this investment decision one we feel extremely enthusiastic about and we are excited about working closely with them to accelerate their global expansion.”

“We’re proud to see Masabi having scaled from London to the world, changing the way people move around cities every day. $1bn in annual ticket sales is only a milestone – the next phase is about partnering with and powering those that the public trust to get them where they are going, from transit agencies to ride-sharing and planning apps. As one of Masabi’s earliest investors, it has been great to have Smedvig Capital buy into Masabi’s vision.” Simon Menashy, Partner, MMC Ventures.

“For too long, cutting-edge innovation in transit ticketing was only available to mega cities with multi $100m budgets. But a quick and easy ticketing experience shouldn’t be the sole preserve of these cities. It should be available to passengers using any public transport service anywhere around the globe,” said Brian Zanghi, CEO of Masabi. “Through innovations such as simply being able to tap a contactless bank card to travel and integrations into the top mobility apps, Masabi is delivering on this vision. As we enter a new phase, having the support of Smedvig Capital, MMC Ventures, Mastercard and our other investors means we can continue to drive the market forward and help ever more cities and transit operators around the world embrace the latest in ticketing and payments technology and the future of practical MaaS.”

Masabi’s Justride platform is currently in operation with more than 50 transport agencies in ten countries, from tier one cities to local bus operators, including for Boston MBTA, National Express, New York MTA, HTM The Hague, TAO Orleans, Denver RTD, LA Metrolink, Lurraldebus in Spain, My Fast Ferry in Sydney and Las Vegas RTC.

Integrated mobility delivered to transit agencies around the globe:

Masabi, which developed the first and only ticketing Justride Software Development Kit (SDK) for public transport, enables urban mobility providers such as journey planners and bike-, scooter- and ride-sharing services to integrate public transit into their applications, connecting services for a seamless passenger experience:

  • In April, Masabi and Transit launched an integrated service for riders in St. Catharines, Canada, enabling them to use Transit to access and ride on public transit services
  • Early in 2019, Masabi announced a new combined solution with Uber and Regional Transportation District (RTD) in Denver – the first US-based transit agency to benefit from an integrated public transit experience within the Uber app
  • Globally, Masabi’s Justride SDK is now live in France and Spain with SDK partners Kisio Digital and Gertek, and in Japan through a partnership with Jorudan, Japan’s leading trip planning service

About Masabi

Masabi provides Software-as-a-Service (SaaS) ticketing and payments to public transport agencies of all sizes around the globe. Through our fare collection platform, Justride, agencies can sign up to mobile ticketing services, deploy an account-based full fare collection solution using a contactless bank card, mobile device and smartcard, and enable Mobility as a Service (MaaS) through the Justride SDK.

Justride unifies account-based and pre-pay ticketing into a single configurable solution. Its SaaS architecture, ‘Mobile First‘ approach and Bring Your Own Ticket (BYOT) philosophy, allows transit providers to deliver innovation quickly, delighting passengers and reducing costs, while increasing operational efficiency and data insights.

Masabi is the category creator for transit mobile ticketing and with over 50 clients across 10 countries the Justride platform is the most widely deployed end-to-end mobile and account-based ticketing solution in operation, serving the largest agency in the USA to the smallest bus operator. It has offices in New York, London, Denver and Cluj. Masabi is backed by Alvarium Investments, m8 Capital, Mastercard, MMC Ventures, Keolis and Smedvig Capital.

About Smedvig Capital

Smedvig Capital is a London based growth capital investor. We are now investing our 14th fund, having deployed more than $800M over the last 20+ years in Series A and Series B funding rounds. We are passionate about finding and supporting the best tech enabled businesses in the UK and Nordics. We pride ourselves on developing a deep understanding of the sectors we invest in. We have a track record of re-investing multiple times to support our portfolio. We roll up our sleeves and get involved when you want our help.

About MMC Ventures

MMC Ventures is a research-led venture capital firm which has backed more than 60 high-growth technology companies from the Seed and Series A stage since 2000. MMC’s dedicated research function enables the firm to have a deeper understanding of the businesses it backs and supports them with strategic projects throughout MMC’s investment.

MMC focuses on scaling enterprise software and consumer internet companies with the potential to disrupt huge markets. The firm has one of the largest SaaS portfolios in Europe and recent SaaS exits include CloudSense, Invenias and NewVoiceMedia. MMC also has a dynamic B2C portfolio including Interactive Investor, Bloom & Wild and Gousto.

MMC’s research team publishes content on its findings via: mmcventures.comMMC Writes and at @MMC_Ventures.

Source: http://blog.masabi.com/blog/masabi-secures-20m-to-accelerate-global-growth-and-put-public-transit-ticketing-into-leading-ride-hailing-journey-planning-and-mobility-as-a-service-apps

Vault Platform secures £3.21 million Seed investment led by Kindred Capital

LONDON, April 30, 2019 – Vault Platform today announced details of its seed funding round. Led by UK-based Kindred Capital, other investors included Angular VenturesSystem One, Jane VC; and early-stage tech investor, Mike Chalfen.

Founded in 2018 by Neta Meidav and Rotem Hayoun-Meidav, Vault is rapidly defining a new category of HR technology known as “TrustTech.” Having identified the lack of adoption and ineffectiveness of old workplace harassment “hotline” systems, Vault designed a sophisticated solution that puts employees at the core. With Vault, enterprise employers gain an end-to-end platform, which consists of an employee app, corporate case management hub, and data and analytics. Vault’s solution supports cultures of trust and diversity while driving out harmful workplace behaviors such as bias and harassment, as well as fraud and corruption, mitigating a great risk for the enterprise.

The employee app creates a safe, diary-like space for employees to create records of misconduct they experience, and Vault’s “GoTogether” feature allows individuals to come forward under the condition they are not the first or only ones raising the complaint. Vault’s technology “connects the dots” on harmful patterns that are observed or impact multiple individuals, helping people overcome the fear of reporting. Vault also helps enterprises identify repeat problems and manage issues internally before they escalate.

Vault Platform has already garnered the attention of major employers, with household names among their clients, as well as an impressive roster of advisors including Harvard Business School workplace culture and trust expert, Professor Frances Frei and industry analyst Josh Bersin.

Professor Frei, a well-regarded top leadership strategist who was hired as Uber’s first SVP of Leadership and Strategy in June 2017, commented, “Healthy organizational cultures start with trust. Vault’s breakthrough platform helps to build trust by embedding empathy and transparency into innovative tools that people can use if they experience workplace misconduct. Vault gives employees total control over their privacy, information and reporting at precisely the moment they need it most.”

Vault’s Co-founder Neta Meidav, who created the solution as a result of personal experience, said, “Instead of merely digitizing old solutions, we’ve developed a powerful tool that can really help employees to overcome the fear of reporting, and inject trust into the workplace. Vault is a trust-enabling, risk-mitigating technology for companies in the self-regulation era. We are thrilled to welcome our investors on this journey and excited about the road ahead – changing work culture, for good.” 

Chrys Chrysanthou of Kindred Capital said: “The workplace is ever-changing. The new workforce is demanding an environment where they can be themselves, be treated with equality, dignity, cultural alignment and a place where full transparency exists. Organizations realize that tolerance for misconduct and an environment that doesn’t provide all those opportunities is costly not just in talent terms but also financially. We’re excited to be supporting the amazing team at Vault in delivering a solution to mitigate huge risks for enterprises and one that enables employees to live in a more open workplace.”

Vault will use the funding to scale and expand its presence in North America and Europe. Joining the company’s board will be Chrys Chrysanthou of Kindred Capital.

A Cloud Guru secures £25.37 million Series B investment led by Summit Partners to scale their cloud school

April 29, 2019 – A Cloud Guru (“ACG”) today announced that it has closed a growth equity investment led by Summit Partners, alongsideAirTree Ventures and existing investor Elephant. The company, a clear leader in online cloud computing training and talent development, will use the funding to accelerate hiring across the globe, expand its content library with specialized courses and labs taught by a growing roster of expert instructors and continue to build out features to help enterprises drive cloud adoption.

Founded in 2015 by brothers Sam and Ryan Kroonenburg, ACG is driven by a straightforward mission—to teach the world to cloud. What began as a single cloud certification course has expanded into a rich content library and hands-on labs covering Amazon Web Services, Google Cloud Platform and Microsoft Azure cloud platforms.

ACG has helped more than 850,000 users across 186 countries acquire the skills and certifications needed to pursue meaningful careers in the cloud. The state-of-the-art learning platform helps businesses and individuals rapidly develop cloud skills, prepare for certification exams, and progress through learning paths to become gurus in specialized disciplines.

“We are humbled by this level of support from our investment partners,” said Sam Kroonenburg, co-founder and CEO of A Cloud Guru. “We are eager to continue building our engineering, content, and go-to-market teams to support our customers and partners. We are now even better positioned to help more businesses and individuals learn to cloud.”

“Enterprise workloads continue to move to the cloud at an enormous pace, requiring a new set of IT skills to design, manage and secure applications,” said Tom Jennings, Managing Director at Summit Partners who has joined the company’s board of directors. “ACG’s platform uniquely enables organizations to develop their existing employees’ cloud skills and provide ongoing training to ensure continued aptitude in cloud architecture. And the results are impressive.”

In May 2018, A Cloud Guru launched ACG for Business, a learning management and talent development platform designed to provide businesses with a scalable, predictable path for building a highly-skilled cloud workforce. ACG’s Accelerator Program and Learning Paths enable enterprises to quickly onboard their teams to the cloud and provide professionals with a step-by-step path from beginner to expert across specific IT domains. ACG for Business helps enterprises meet and exceed their cloud ROI goals and is the cloud training platform of choice for companies including Dow Jones, Capital One DevExchange, and Qualcomm.

“It’s amazing to think how far we’ve come since those early days in 2015,” said co-founder Ryan Kroonenburg. “To all of the awesome Cloud Gurus who have supported us along the way, we want to say thank you. You are the reason we are where we are today. With this round of investment, we have additional resources to do even more in support of the A Cloud Guru community. Keep being awesome, Cloud Gurus.”

About A Cloud Guru 
A Cloud Guru is the premier learning and talent development platform for cloud computing, delivering world-class courses by engineers, for engineers. Our state-of-the-art platform provides both businesses and individuals with the ability to stay current, stay relevant, and deliver results with cloud computing. To date, more than 850,000 students across 186 countries have taken our courses, labs, and quizzes. To learn how A Cloud Guru can accelerate your team’s adoption of cloud computing, please visitacloud.guru.

About Summit Partners 
Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $19 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 480 companies in technology, healthcare and other growth industries. These companies have completed more than 140 public equity offerings, and more than 190 have been acquired through strategic mergers and sales. Summit maintains offices in North America and Europe, and invests in companies around the world. For more information, please see www.summitpartners.com or on Twitter at @SummitPartners.

In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners LLP, a firm authorized and regulated by the Financial Conduct Authority. Summit Partners LLP is a limited liability partnership registered in England and Wales with registered number OC388179 and its registered office is at 11–12 St. James’s Square, London, SW1Y 4LB, UK. This document is intended solely to provide information regarding Summit Partners’ potential financing capabilities for prospective portfolio companies.

About Elephant 
Elephant is a venture capital firm focused on the enterprise software, consumer internet and mobile markets. The firm was founded in 2015 by Jeremiah Daly and Andy Hunt and has offices in Boston and New York. Elephant is currently investing out of its second fund.
www.elephantvc.com                            

About AirTree Ventures 
AirTree is a Sydney-based venture capital firm that partners with world-class Australian entrepreneurs to build the businesses of the future. AirTree provides early and growth stage financing, advice, connections and operational know how to technology companies around the globe. AirTree is the only Australian venture firm with a globally top decile track record. 
www.airtree.vc

Media Contact: 
Julie Sondecker
jsondecker@effectivespend.com
(512) 553-6875 ext. 216

SOURCE A Cloud Guru

Related Links

https://acloud.guru

Rent Chief secures £250k Seed investment from Mercia Technologies

Mortgage duo secure £250k investment for new property platform

A Birmingham company which is developing a new property management platform has secured a £250,000 investment from the MEIF Proof of Concept & Early Stage Fund – managed by Mercia and part of the Midlands Engine Investment Fund – and a number of private investors.

Rent Chief’s new online platform aims to help property investors, landlords and lettings agents maximise returns and time by automating routine tasks, such as finding new tenants and reliable tradespeople. The platform also provides updates on new sector regulations and sources mortgage and insurance products.

Rent Chief has been launched by serial entrepreneurs Patrick Shuker and Jon Whitmore, the same team behind the TrigoldCrystal mortgage services group which was sold to Avelo in 2012.

The funding will allow the firm to bring its product to market, launch a sales and marketing campaign and create five new jobs. As part of the deal Jon Whitmore, the former CEO of TrigoldCrystal, has been appointed as Non-Executive Chairman of the company.

Patrick Shuker, CEO of Rent Chief, said: “From our work in the property sector and experience as landlords, we recognised that there was a gap in the market for a platform that could bring together all the different aspects of property investment and management. We are looking forward to the launch of Rent Chief and working with our investors as we continue to develop and enhance the product.”

David Baker, Investment Associate with Mercia, said: “Patrick and Jon have a strong track record within the financial services and property sectors and Rent Chief has already attracted interest from a number of early adopters. This investment will allow them to complete the software development and put their plans into action.”

Ken Cooper, MD at the British Business Bank, added: “It is great to see finance from the Midlands Engine Investment Fund being used to bring innovative products to market. With the backing of the team at Mercia, Rent
Chief looks well positioned to roll out its online platform and enter a new stage in its growth journey.”

Pat Hanlon, Greater Birmingham & Solihull Local Enterprise Partnership’s (GBSLEP) Board Director for Access to Finance, said: “Helping to support ambitious companies like Rent Chief with their growth plans is key to our local economy. We are pleased to see another start-up bringing its innovative services to the region and contributing to the region’s economic growth.

“We will watch its success with interest, and continue to support businesses with investment to realise their full potential.”

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

ENDS

For more information, please contact:
Katy Horrocks
Marketing Director
Mercia Technologies PLC
+44 (0) 330 223 1430
+44 (0) 772 521 8579
katy.horrocks@merciatech.co.uk
Pauline Rawsterne
PR Agent
Turquoise PR
+44 (0) 161 860 6063
+44 (0) 780 163 9816
pauline@turquoisepr.co.uk

About Mercia Fund Managers
Mercia Fund Managers provides both equity and debt finance to small businesses based in the UK regions. The Group has approximately 400 businesses in its portfolio, a strong record including 11 IPOs and has circa £0.5billion of assets under management including Mercia EIS Funds.
• Mercia Fund Management Limited is authorised and regulated by the FCA under firm reference number 524856
• Enterprise Ventures Limited is authorised and regulated by the FCA under firm reference number 183363
• EV Business Loans Limited is authorised and regulated by the FCA under firm reference number 443560
www.merciatech.co.uk

Source: https://static.wixstatic.com/ugd/497d73_5ade9262fdbe49c4b7adc77a12dca7ad.pdf

Mosaic Smart Data secures £6.87 million Series A investment co-led by Octopus Ventures and Commerz Ventures

29 April 2019: J.P. Morgan joins CommerzVentures and Octopus Ventures in USD 9 million fundraising round for the real-time capital markets data analytics firm.

Mosaic Smart Data, the real-time capital markets data analytics company, has completed an USD 9 million investment round to support its rapid product development and global expansion.

The round is co-led by CommerzVentures and Octopus Ventures and includes J.P. Morgan – an existing investor and client.

Daily trading activity in the capital markets generates vast quantities of raw transaction and pricing data. Institutions are increasingly looking to extract the value from this, largely untapped, data asset. Annual spending on data analytics and market data has now grown to over USD 30.5 billion a year.Being able to refine this raw data and distil it into meaningful ‘Smart Data’, where value can be extracted in the form of actionable insights, is a significant challenge that all market participants face, but success offers a proven and compelling competitive advantage for both buy-side and sell-side.

Mosaic Smart Data’s solution cleanses, normalizes and enriches this raw data and provides a consolidated real-time view and analysis across the flows of market activity. Mosaic’s advanced suite of machine learning models identify and alert the user to opportunities and threats, generating actionable insights specific to user job functions from sales and trading to management and compliance.

The firm provides analytics technology suitable for investment banks, buy-side firms, custodians, ECN’s, exchanges and regulators.

Heiko Schwender, Principal at CommerzVentures, said: “Data analytics is becoming an integral part of every industry and the capital markets are no different. We will soon be at a position where it is a prerequisite for performance in the markets. This presents a huge opportunity for Mosaic Smart Data, which has built a platform which sets the gold standard for capital markets analytics. We are thrilled to be part of Mosaic Smart Data’s journey.”

Warren Rabin, Co-Head of Global Macro Sales and Marketing at J.P. Morgan, said: “Today’s financial markets are awash in data at a scale never seen before, but what really drives performance is being able to extract truly actionable insights from that data in real-time. Tools like this that quickly make sense of vast data sets are changing the way our teams respond and operate and are going to become a differentiating factor for banks as they look to add value in their client discussions.”

Zihao Xu, Future of Money lead & early stage investor at Octopus Ventures, said: “One of the most exciting applications of artificial intelligence is combining it with human intelligence to create something which is more than the sum of its parts. Mosaic Smart Data’s machine learning models surface data insights that even the best human quant may not spot, delivering them to staff in a way which lets them act immediately. That is a powerful combination to drive productivity and performance across FICC markets globally.”

Matthew Hodgson, CEO and Founder of Mosaic Smart Data, said: “Mosaic Smart Data’s mission is to empower financial market professionals with usable, data-driven tools to ask the questions they need answered and to receive those results in a language they can understand. We want them to feel as though they have the firm’s best quant sitting at their desk 24/7, able to answer any question they have almost instantly. That is the power of smart data analytics.

“This is a mission which is driving incredible interest among the world’s leading financial institutions. With the support of these investors, we’ll be able to take full advantage of the opportunity, accelerating deployment of the Mosaic Smart Data platform for clients and ensuring we keep the platform at the cutting edge of data analytics R&D and smart data technology.”

Artificial secures £4.2 million Seed investment led by Alma Mundi and Force Over Mass

London-based InsurTech company Artificial has closed a round of seed funding for £4.2 million, ensuring that the tech startup continues its rapid growth and impressive product development. The funding is a co-investment between Alma Mundi InsurTech Fund, Force Over Mass and other investors.

The company, who have cemented themselves as one of London’s most exciting new InsurTech prospects, will use this investment to scale and grow in key areas, including:

– Expanding their engineering and sales teams

– Targeting new geographical areas such as the US, the Middle East and China

– Scaling their current platform

Artificial’s impressive growth has been driven by their growing recognition of the issues faced by those in the insurance industry. Through innovations in Machine Learning and AI, Artificial has developed smart, forward-thinking solutions for the next generation of customers who demand more from their insurance.

‘This is fantastic news for Artificial,’ according to co-founder and CPO, Johnny Bridges. ‘We are delighted to work with Alma Mundi InsurTech Fund and Force Over Mass, who have shown their belief in our ability to provide digital solutions to the insurance industry on a large scale. This round of funding shows our commitment to growing Artificial and will enable us to expand and scale our current platforms.’

Dog food company Butternut Box raises £15 million led by Five Seasons Ventures

Fast-growing fresh dog food company Butternut Box raises £15 million of new investment to fuel European and product expansion

●  Investment round is led by Five Seasons Ventures and White Star Capital with existing backers Passion Capital and Literacy Capital also participating

●  Money will be used to launch into Europe and fund the development of new dishes, snacks and toys

●  New investment will see former SkyBet chief executive Richard Flint join the board

London, April 26 2019 – ​Butternut Box, the London-based fresh dog food business, has raised £15 million of new investment in a round led by European venture capital firms Five Seasons Ventures and White Star Capital. Existing backers Passion Capital and Literacy Capital have also participated alongside debt financier Kreos Capital. The investment marks the fast-growing company’s intention to launch into Europe and build a leading pet wellness business.

Since launching in 2016, Butternut Box has produced more than 8 million meals for dogs across the UK and last year saw revenues grow by 700 per cent. Dishes are cooked with fresh ingredients and portioned according to a dog’s breed, weight, sex and exercise regime before they are delivered to customers.

Founded by best friends Kevin Glynn and David Nolan, the company has continued to stress the importance of transparency in the pet food sector and believes strongly in quality ingredients with easy-to-read labels on packaging. The new investment aims to bring healthy, balanced diets to more pets across the UK and Europe. Alongside the funding, former SkyBet chief executive Richard Flint will join the Butternut board.

Ivan Farneti, partner at Five Seasons Ventures, said: ​“Last year we were actively searching for a pet food investment opportunity around two key trends: the humanisation of pets and the increasing shift towards natural food, with the connected premiumisation of the overall experience. The team at Butternut Box was spot on in terms of their product positioning, their direct-to-consumer model and strong commercial traction. This is one of the strongest teams we have seen in foodtech in Europe over the last few years: we had to back them”.

Eric Martineau-Fortin, co-founder and managing partner at White Star Capital, said: ​“We’ve been working closely with the team since our investment in early 2018. David and Kevin have created a product centric brand built on the foundations of an exceptionally strong community and a very special team culture. We’ve worked closely with companies such as Freshly and Dollar Shave Club to scale and Butternut Box is growing on a similar trajectory”.

David Nolan, co-founder at Butternut Box, said: ​“We’re so excited to have the backing of amazing investors to take Butternut Box to the next level and grow a leading pet wellness company in Europe. Even more exciting is that we will reach more pets and could help them to live healthier, happier lives. The transformation stories we hear from pet parents each day spur us on to make Butternut Box even better”.

Richard Flint, former chief executive of SkyBet, said: ​“A​lthough it might not seem that home-cooked dog food and online betting have much in common, I am learning that there are many parallels. Most importantly my passion is helping great teams to succeed and that’s why I am so excited to be joining the Butternut Box Board”.

About Butternut Box

Butternut Box was founded to bring fresh, nutritious and perfectly portioned meals to pets everywhere. Visit us at www.butternutbox.com to learn more.

Contact

Jodie Guildharry:​ ​Jodie@butternutbox.com

Synthesia raised Series A funding of £2.42 million led by LDV Capital

The UK-based business developing video synthesis technology raised $3.1 million from existing investors LDV Capital and Mark Cuban, alongside new investors MMC Ventures, Seedcamp, Martin Varsavsky’s VAS Ventures, TransferWise co-founder Taavet Hinrikus, Tiny VC, and advertising executive Nigel Morris.

Synthesia’s cloud-based platform ENACT enables customers to automatically generate personalised and interactive video content for their audiences at an exponentially faster rate and a fraction of the costs.

“Consumers and employees today expect video-based communication that is tailored to them. For companies it’s difficult to deliver these experiences because the conventional ways of creating video content is a physical process that simply doesn’t scale.”

said Victor Riparbelli, co-founder and CEO of Synthesia.

“Our mission is to make it easier to bring creative ideas to life without the traditional barriers of time, budget and skills. We are excited to collaborate with a great and diverse team of investors to execute on our vision.”

Synthesia recently launched their first global campaign with Malaria survivors speaking through David Beckham to help raise awareness around the Malaria Must Die initiative. The campaign was widely recognised and applauded and has already exceeded 400 million impressions globally and this behind the scenes video explains the process.

Brandhouse raises £3.51 million Series A funding from China Renaissance Capital Investment

London – April 24, 2019, 9AM –BrandHouse Holdings Limited, a cutting-edge online platform for fast moving consumer goods with an established presence across the Nordic countries and China, today announced that it has secured €4 million in Series A funding.

BrandHouse connects global retailers and brand owners of all sizes with hundreds of millions of end consumers across the Nordics and China, by providing proprietary technology for efficient product onboarding, web sales, payments and logistics management.

“In China, the demand for imported consumer goods, such as mother and baby care products, are growing strongly driven by increasing consumption power and desire for authentic and differentiated products”, said Mark Qiu, CEO and managing director of China Renaissance Capital Investment.

“BrandHouse has established itself as a leader in cross border B2C e-commerce by enabling thousands of brand owners globally to sell their products to millions of consumers in Northern Europe and China”, said Bobby Aitkenhead from ATW Partners.

“We are delighted with the further validation of our vision and support from world class investors and partners, who can support our future growth”, said BrandHouse Chairman Klaus Anker Petersen. “We believe in digitalization of cross-border parcel based trade, where any product is made available to consumers globally. The new investment will enable us to further develop our business in China and Northern Europe.”

Investors based in China, America, Europe, Singapore and Australia participated in the round. They are joining the existing backers, which include Almondbox, Cosmopolitan and KAP Partners.

About BrandHouse
We believe in global trade, relationships and the prosperity created shared by all parties involved.

Our passion just happened to turn into one of the most dynamically growing global trading houses, with presence in London, Flensburg, Hong Kong, Shenzhen and Beijing. Discover more at www.brand.house
Press questions: Contact kap@brand.house or +8613910403247.