Deals of the Week July 25 to July 29 – a Growth Business round-up

Deals this week include an electric car subscription service, a platform which lets you design your own home and a start-up to improve companies’ CO2 impact

Legal & General plugs £50m into electric car subscription service

Electric car subscription service Onto has raised $60m (£50m) in a Series C funding round led by Legal & General.

The start-up enables users to subscribe to an electric car on a monthly contract. This subscription allows up to 750 miles per month, is inclusive of public charging at more than 12,500 points and covers insurance and maintenance costs.

Nabr given £40m foundation to build the future of urban living 

Housing start-up Nabr (pronounced “neighbour”) has raised $48m (£40m) to build sustainable urban living. London-based VC 2150 led the equity and financing round.

The software platform’s virtual design studio allows home buyers to design their own layout and interiors, with all homes built to order. Nabr also offers different leasing and ownership methods.

£17m secured to help companies streamline operations

Automation management platform RPA Supervisor has raised $20m (£16.5m) in Series A funding. London-based Dawn Capital led the round, with participation from s16vc and existing investors MMC Ventures.

Intelligent automation is used by companies to streamline operations by eliminating repetitive tasks. RPA Supervisor adds more advanced capabilities to an enterprise’s automation tools, enabling it to operate more efficiently.

Altruistiq raises £15m for businesses to understand CO2 impact

Data reporting start-up Altruistiq has raised £15m in seed funding. Molten led the round, supported by Norrsken and angel investors.

Altruistiq provides businesses the data engineering tools to better understand their CO2 emission impact, while also enhancing their credibility on sustainability. Corporates can, among other metrics, measure and plan initiatives to decrease emissions effectively.

Virtual care platform Suvera handed £5m

London-based remote care start-up Suvera has raised a further £5m in a seed extension round led by Morningside Ventures.

The start-up aims to cut waiting times at GP surgeries by providing those with long-term conditions virtual services such as tracking blood pressure results.

More Deals of the Week

Deals of the Week July 18 to July 22 – a Growth Business round-up

Deals of the Week July 11 to July 15 – a Growth Business round-up

Dom Walbanke

Dom Walbanke

Dom is a feature writer for Growth Business and Small Business, focused on matters concerning start-ups and scale-ups. He has also been published in the Independent, FourFourTwo magazine and various lifestyle...

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