The latest venture capital, seed, pre-seed, and angel deals for London startups for 25/2/2021 featuring funding details for TreeCard and much more.
#LondonTech
Hoxton Farms Raises £2.7M to Make Meat Alternatives Indistinguishable by Using Animal Fat Made in a Lab
Meat analogues are meat-like substances usually made from plants. These substitutes are growing in popularity thanks to brands like Impossible Burger and Beyond Meat. However, for meat enthusiasts, these substitutes often lack the feel, look, and taste of the real thing. Hoxton Farms is looking to produce real animal fat without harming animals for use in meat alternatives by extracting fat cells. Using cultivated fats has the potential to relieve pressure on the environment caused by factory farms including helping with antibiotic resistance and climate change. The company uses machine learning and mathematical modeling to build its cultured fats with plans to build a scalable prototype within the next 18 months. London TechWatch caught up with Cofounder Ed Steele to learn more about the work to make meat alternatives viable at scale, the company’s future plans, and recent round of funding from investors that include Founders Fund, BACKED VC, Presight Capital, CPT Capital, Sustainable Food Ventures, and others.
The London TechWatch Startup Daily Funding Report: 23/2/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 23/2/2021 featuring funding details for StorageOS, LaundryHeap, and much more.
Ember Raises £1.6M to Empower Small Businesses with Automated Accounting and Tax Solutions
Small business owners are often the jacks and jills of all trades, especially when teams are small and operations are lean. But for many businesses, the time spent handling administrative functions could be better spent building the business. Ember is an accounting and tax platform that streamlines these functions with automation, freeing up valuable time. The platform uses machine learn and has integrated open banking so that businesses can manage all aspects of taxes and accounting from a single platform. Users are able to view the business’s finances in real-time, get support from qualified experts, and optimize, pay, and file taxes with HMRC, which recently made it possible to file digitally. London TechWatch caught up with Cofounder and CEO Aaron Shaw to learn more about the company’s progress since we covered their pre-seed round in late 2019, fundraising during the pandemic, the company’s latest funding round from investors that include Anthemis, Spring Ventures, and Innovation Nest, and much, much more…
The London TechWatch Startup Daily Funding Report: 22/2/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 22/2/2021 featuring funding details for Gophr, Vivacity Labs, and much more.
#Londontech Week in Review: 14/2/21-20/2/21
With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 20/2 including the London startup fundings, exits, and events featuring news for Grip, Carv, and much, much more.
The London TechWatch Startup Daily Funding Report: 19/2/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 19/2/2021 featuring funding details for Inflow and much more.
The London TechWatch Startup Daily Funding Report: 18/2/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 18/2/2021 featuring funding details for Grip, Loc.tax, and much more.
The London TechWatch Startup Daily Funding Report: 17/2/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 17/2/2021 featuring funding details for Blockchain.com, PSYT, and much more.
Limitless Raises £8M for its Crowdsourced Customer Service Platform
Providing a remarkable customer experience throughout the customer journey is critical to the growth of any company in today’s digital age, where consumers are sophisticated and have high lofty expectations. While there is an abundance of software to help you manage these needs, setting up a fully functional 24/7 customer service center to support the customer experience process can be quite resource-intensive in terms of capital and time. Limitless allows companies to leverage crowdsourced talent to provide customer service in what the company calls a GigCX model. Experts in the gig network are passionate about the brands they are willing to provide support for and are paid for each successful case they resolve. Think of it as Amazon’s Mechanical Turk for customer service. The gig experts are able to introduce flexibility into their schedules and earn incremental income while companies are able to provide a complete customer service experience at a fraction of the cost of maintaining their own operations. London TechWatch caught up with CEO and Cofounder Roger Beadle to learn more about the need for this in the customer experience space, the company’s expansion plans, and recent round of funding from investors that include Redline Capital, Genesys, AlbionVC, and Unilever Ventures.