Weekly Deals August 2-6 – A GrowthBusiness Roundup
Fable tells the right story for True
True, the London-based venture capitalist, led a $ 2.7million (£ 1.9million) funding round for Canada’s home accessories industry House of the fable alongside other VCs Sandpiper VC and Capital of Mavan. Fable Home specializes in designer and sustainable tableware. Accenture recently reported that 60% of consumers have been making more environmentally friendly, sustainable or ethical purchases since the start of the pandemic.
Vira Health operates £ 1.5million funding round for Stella app
Health Vira, creator of the Stella app to help women cope with menopause, has raised £ 1.5million in seed funding. LocalGlobe, MMC Companies and angel investors including Hearst Ventures CEO Megumi Ikeda, former Spotify CEO Sofia Bendz and Simon Lambert, former CTO of Treatwell, all attended. Stella offers menopausal women a personalized three-month treatment plan through its iOS app.
CrowdProperty brings investors together again
Property of the crowd, the crowdfunding portal for property developers, closed another £ 1.8million oversubscribed fundraiser via Seed drills. To date, crowdfunders have backed the property finance portal to the tune of £ 3.9million. CrowdProperty recently announced a £ 300million institutional funding line for its funding portal. So far CrowdProperty has funded the construction of 1,535 homes worth £ 309million between them.
Supercritical gears up with £ 2million pre-seed round
And LocalGlobe also led a £ 2million pre-seed fundraiser for Supercritical, an online platform that helps businesses measure their climate impact and sells carbon reduction offsets – the only type of carbon offset that contributes to net zero by removing carbon from the sky. Keeping warming below 1.5 ° C – one of the key objectives of the Paris Agreement 2015 – at least 8 billion tonnes of carbon must be removed from the atmosphere every year. As a result, it is expected that the voluntary carbon offset market will be worth at least $ 100 billion by 2030.
Ember shines with £ 1million crowdfunding
Grilled snacks, best known for its award-winning biltong and British cold cuts snacks, exceeded its crowdfunding target by raising more than £ 1million from investors. The snack brand sold for £ 1.75million worth of meat-based snacks in 2020 and is now distributed to Sainsbury’s and Waitrose.
More offers of the week
Weekly Deals July 26-30 – An Overview of GrowthBusiness