Deals of the Week, August 14 to 21 – Growth Business roundup

Growth Business roundup of the Deals of the Week, August 14 to 21, listing every seed funding, venture capital and crowdfunding deal of note

Hammock swings £1m seed investment

Hammock, a current account provider for landlords and property managers, has raised £1m in seed investment from Fuel Ventures and Ascension Ventures to help launch its new services.

The funding will also go towards further development of its tracking technology in order to give landlords live analytic reporting of their properties.

Seedrs investment roundup

THIS, a vegan meat replacement brand, closed its £4.4m funding round from over 1,800 investors, including Manchester United’s Chris Smalling and VC firms including Backed, Five Seasons Ventures, Idinvest Partners, Seedcamp and Manta Ray Ventures.

One Year No Beer, a digital support platform, claimed £1.75m in a funding round that was supported by over 500 investors. The funds raised by new and returning investors add to the £3m invested in previous rounds, which includes investment from former Facebook director Mark Cowan, and Joe De Sena, chief executive and founder of Spartan and Death Race, as well as Renaud.

Livia’s, a sustainability-focused snack company, has secured over 800 investors to beat it’s initial £1m target stretching it to £1.75m, with investors including former Mars president Andy Weston-Webb, Vegetarian Butcher founder Jaap Korteweg and entrepreneur Michiel van Deursen.

Claimsforce gain £6.3m in Series A funding

Claimsforce, a SaaS-based technology platform InsureTech company, has raised €7m (£6.3m) in Series A funding. The round was led by Notion Capital with participation from existing investors including Fly Ventures, Point Nine and La Famiglia.

The funding will allow Claimsforce to further develop its cloud-based claims management platform, expand its workforce internationally and continue to service major global insurance clients.

Notion Capital invests in early-stage SaaS and enterprise tech start-ups, ideally with at least $1m ARR and headquartered in Europe.

IMMO cements £12.6m funding round with additional capital

IMMO Investment Technologies, the real estate investment platform, has raised a total of €14m (£12.6m) from its Series A financing round after receiving an additional €3m (£2.7m) from FinTech Collective and Surplus Invest.

The round also saw participation from investors such as Talis Capital, HV Holtzbrinck Ventures, Tom Stafford and Rahul Mehta of DST Global and Mato Peric.

IMMO will use the funding to accelerate its investment platform to offer more markets across Europe and develop a myriad of technological platforms from acquisitions to asset management.

Apheris unearths £2.2m in seed funding

Apheris, a Berlin-based deep tech company,  has raised €2.5m (£2.2m) with UK-based seed investor LocalGlobe leading the investment round with Dig Ventures, and Patrick Pichette, board chairman for Twitter also involved.

The funds will enable Apheris to improve its privacy mechanisms making collaboration with corporate clients more secure.

LocalGlobe is a London-based venture capital firm focused on seed investments. Since 1999 it has backed Transferwise, Zoopla, Improbable, Citymapper, Algolia and Robinhood.

Previse granted £2.5m Coronavirus remedy

Previse, an online instant payment platform, has been awarded a £2.5m grant by the Banking Competition Remedies‘ Capability and Innovation Fund.

The grant, which will be used to fund further development of Previse’s instant payments solution, was part of a BCR initiative to commercialise financial technology useful to SMEs, particularly during the Covid-19 outbreak. A total of £20m was dispersed to 6 companies as part of the scheme.

BCR was established to implement the Alternative Remedies Package, which includes the Capability and Innovation Fund,  after an agreed between the UK Government and the European Commission.

Humanity begins life with £1.8m launch fund

Humanity Inc, a new healthtech app that tracks aging biomarkers, alongside personal characteristics and lifestyle choices, has launched with a $2.5m (£1.8m) seed funding round.

The investment round was led by US fund, One Way Ventures, and featured a total of 46 investors including HealthTech Angel investor Esther Dyson, Seedcamp, Jane Metcalfe, co-founder of Wired Magazine, and Michael Acton-Smith and Alex Tew co-founders of Calm app.

 

Deals of the Week, August 7 to 14 – Growth Business roundup

Rory Bennett

Rory Bennett

Rory was a reporter GrowthBusiness.co.uk from 2020 to 2021 before moving on to write for MyLondon and then Reach plc.