Cyclr absorbs £5.5m in funding
SaaS company Cyclr has raised £5.5m in funding led by Praetura Ventures and Blackfinch Ventures.
The London-based start-up has developed an integration platform that helps create a simpler user journey between third parties at scale “so software and SaaS innovators can focus on their own development”. This, it says, ultimately helps end-users move data and create automations across their software eco-system with greater ease and at scale.
Growth Kitchen gets tasty £3m investment from Gorillas co-founders
Growth Kitchen, a food tech start-up building a network of “satellite kitchens” for restaurants offering delivery, has raised £3m in seed funding from a group of investors led by PactVC – including the co-founders of on-demand grocery delivery unicorn, Gorillas. The start-up also provides restaurants with data, so it knows where delivery demand is high and supply is low.
Again bags £2.55m to make reusable packaging affordable
Again, a London-based clean-tech start-up aiming to make reusable packaging as affordable as single-use solutions by 2025, has wrapped up £2.55m from a funding round led by Eka Ventures.
The cost of reusable packaging can be up to five times more than single use for brands, but the start-up is developing a system for cleaning packaging for refill and reuse using 76 per cent less water and 90 per cent less energy than traditional recycling methods to help reverse that figure.
Adapttech raises £2.25m for new prosthetic-fitting technologies
Biomedical start-up Adapttech has raised £2.25m from investors including Mercia Asset Management, ACF Investors, Wren Capital and Wealth Club. The med tech firm has produced a range that makes it faster and easier to fit lower-limb prostheses to assist clinicians and improve the lives of amputees.
Student rental platform brings home £700,000
HYBR, an online student rentals platform run by 24-year-old Hannah Chappatte, has raised £700,000 in its first funding round.
The company matches responsible students looking for accommodation with reputable landlords at a fraction of the cost of traditional agencies. It also holds free housemate-matching events, helps with contracts and offers advice. It plans to scale into the UK’s 30 key university cities next year.
Maison Sport receives £442,000 boost
Maison Sport, an independent ski and snowboard instructor provider, has raised a further £442,000 in funding. This is in addition to a £1.3m injection it received early last year.
Users of Maison Sport type in where and when they wish to ski or snowboard and the platform matches them to an independent instructor. Following the relaxation in restrictions, the start-up estimates 300 per cent growth this year.
More Deals of the Week
Deals of the Week 28 March to 1 April – a Growth Business round-up
