3. ZIPZERO
ZIPZERO has raised over £1 million in seed funding.
The startup has developed an app that allows users to receive cash rewards by sharing receipts from their everyday purchases, which are then used to pay household utility bills.
It raised the cash from a angel investors, one of which includes serial FinTech investor and founder of Global Processing Services, Craig Dewar.
ZIPZERO, which lays claim to more than 100,000 users in the UK, will use the funding for the likes of growing its platform, and securing new partnerships with retailers and brands.
It says that more than 30,000 new users signed up to use the app in January alone, with consumers searching for ways to combat record high energy bills and double digit inflation.
4. Hectare
Hectare says that it has raised $20 million in Series A funding.
The round was led by existing and private investors.
The investment will be used to support Hectare’s Software-as-a-Service (SaaS) inventory, trading, logistics and market insights product development, and expansion into new international markets.
Since its launch in 2015, the startup has facilitated over $1 billion in commodities trading through its technologies, which generate insights – from animal health to market price benchmarking – so agri businesses can make better informed decisions while increasing their sustainability, productivity and profitability.
More than 130,000 farm businesses now use Hectare’s solutions. By directly connecting everyone in the supply chain through its digital solutions, the firm says it is solving the invisible inefficiencies in the farm to factory gate supply chain.
In 2022, its technology enabled farm businesses to optimise the trading of livestock, improving animal welfare and reducing the carbon footprint of the beef and sheep supply chain by 2.5m livestock miles.
5. Hexa
Israel-based Hexa, a 3D asset visualisation and management platform specialist whose customers include Amazon, Macy’s, Logitech, and Crate and Barrel, has announced a $20.5 million Series A funding round, bringing total funding to date to $27.2 million.
The funding came from Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC.
Founded in 2018, Hexa’s proprietary tech stack digitises products like furniture and fashion using existing 2D images and AI, creating a new 3D model, a digital twin of the physical object.
This can then be deployed on websites, social media and in AR applications.
Consumers control the model with their cursor, allowing them to inspect the asset from any angle. Hexa provides storage, management, distribution, and analysis of the models its customers create.
