Funding

Manchester-based Sourceful has raised £8.8m in a seed funding round let by Index Ventures. The company will be launching its supply-chain platform in 2022 which aims to help companies source and manage eco-friendly products. The company claims its platform will enable companies to find, customise and design sustainable products while offsetting their carbon footprint. Adopting … [Read more...] about Sourceful raises £8.8m to develop supply chain platform

Data sharing solutions for the manufacturing sector got a boost with the announcement of Fractory's £6.5m investment for its supply chain platform.  Based in Manchester, Fractory has developed a supply chain solution for the metalworking sector that helps automate the process of uploading CAD files, securing quotes from manufacturers as well arranging packaging and … [Read more...] about Fractory raises £6.5m for its metalworking supply chain platform

The finance data sharing integration platform for small businesses, Aurelia, has raised £2.2m in a seed funding round led by Blossom Capital. Other investors in this round include Guillaume Pousaz, founder and CEO of Checkout.com and Erez Mathan of GoCardless. Co-founded by Sebastian Trif, Aurelia plans to allow SMEs across Europe to run their finances more efficiently through … [Read more...] about Aurelia raises £2.2m for its finance integration platform

Data collaboration platform provider, InfoSum, has announced a $65 million Series B funding financed by Chrysalis Investments. The round brings the total amount raised to $90 million since the company’s founding in 2016. InfoSum plans to use the new funds to accelerate hiring across every aspect of the business, expand into new regions, and further the development of its … [Read more...] about InfoSum secures $65m Series B funding for its data sharing platform