UK-based Whirli raises £4 million for its toy borrowing platform

Whirli, a London-founded subscription platform for kids toys, has landed a £4 million seed round led by Octopus Ventures, with participation from MMC Ventures. Launched in 2019, the startup claims to be bringing sustainability to the toys industry. According to the company’s own research, “parents spend around £300 per year on toys for their own […]

Recycleye tech.eu

London-based Recycleye raises £1.2 million to ‘turn rubbish back into resources’

Recycleye, a London-based intelligent waste management startup, has secured £1.2 million in seed funding. MMC Ventures and Playfair Capital led the round, with participation from leading funds Atypical Ventures, Creator Fund and eolos. The company has also received grants from InnovateUK and the European Union to develop a computer vision system that, combined with robotics, […]

APEXX global tech.eu

London’s APEXX Global secures $8 million Series A for ‘one-stop’ payments API

London-based payments platform APEXX Global has raised an $8 million Series A from new and existing investors, including Forward Partners, MMC and Alliance Ventures, who all participated in the startup’s $4 million seed round back in 2017. APEXX has created a ‘one-stop solution’ for customer-facing businesses, who use the API to link acquirers, payment gateways, […]

Ably tech.eu

London-based startup Ably snags $7 million to power real-time messaging and data streaming at scale

London-based data streaming platform Ably has raised a $7 million Series A round from MMC Ventures, with support from Forward Partners. The B2B startup provides APIs and cloud infrastructure that allows companies to deliver real-time messages, such as transit updates or live scores, at scale. The technology delivers 100 billion messages per month, including HubSpot’s […]