Sorted sorts out £30m Series A
Sorted, the white-label goods delivery tracking platform, has raised $40m (£30m) in Series C funding, led by Chrysalis Investments and Arete Capital Partners. Manchester-based Sorted – whose clients include ASOS, Asda and Lush – has acquired another local post-purchase delivery platform, Clickbait. The acquisition will transform ported into an all-in-one, end-to-end, delivery experience platform, bridging the gap between post-purchase and returns experiences in one e-commerce platform.
Antler grows £21m fund for UK tech start-ups
Antler, the global VC firm, has closed a £21m fund to back 70 new UK technology companies at early stage from pre-seed to Series C. Investors & advisors include Eduardo Saverin’s Light VC, the founders of Quantum Black, Monzo and Comply Advantage, as well as members of the senior teams at unbound, Babylon Health, Octopus Ventures, Collective Ventures, Blackrock, JP Morgan, PJT, Arctic Securities, and McKinsey. Antler already has a portfolio of 35 UK companies, 16 of which joined this year. The next London funding round will launch in February 2022.
Atom Learning smashes UK Series A edtech funding record
Atom Learning has raised $25m (£19m) in the largest-ever UK Series A edtech funding round led by SoftBank Vision Fund 2. Having launched in 2018, Atom Learning is now used by 500 primary schools and 100,000 pupils across the UK. The London-based Atom Learning has two products for teachers and children between the ages of 7 and 11: free-to-use Atom Prime helps save teachers time by providing large banks of questions that can be turned into lesson plans or homework quickly, while Atom Nucleus is a private tuition subscription service.
>See also: Deals of the week Nov 22 to Nov 26 – a GrowthBusiness roundup
Facetheory cleans up with £10m Series A round
Facetheory, the direct-to-consumer clean skincare brand based in South Yorkshire, today announces that it has raised £10m in Series A funding from Active Partners, whose previous investments include LEON, Secret Cinema and Rapha.
Motorhome rental platform Goboony parks £5m
Goboony, the UK platform which connects motorhome owners with travellers, has closed a €6m (£5m) funding round led by Amsterdam-based VC No Such Ventures. The motorhome rental platform has raised €10m to date and will use the new fundraise to expand into France and Germany.
SMASH streams £500,000 early stage investment
SMASH, a platform which connects film and TV content creators with decision-makers, is raising £500,000 through Investing Women Angels and other investors. The platform helps commissioning editors find projects to feed content pipelines for the global content streaming market. Spending on video streamed content is forecast to top £250bn next year.
More Deals of the Week
Deals of the week Nov 29 to Dec 3 – a GrowthBusiness roundup