Scalar North Capital is proud to celebrate the recent milestone achieved by Hometree, an early portfolio company. The innovative UK-based residential energy services provider has secured a debt facility from BlackRock. This pivotal development underpins Hometree’s strategy to lead the home decarbonisation revolution in the UK, facilitating key acquisitions and expanding its suite of renewable energy solutions. Hometree receives Blackrock financing and acquires key decarbonisa

Clean Growth Fund have led Kamma’s Series A to support their market-leading property data engine, providing insights needed to deliver Net Zero for UK property. The UK clean tech venture capital fund, has led a £3.6m investment in Kamma alongside Conduit EIS Impact Fund and Kiilto Ventures with support from existing investors Triple Point and Pi Labs. By using the very latest geospatial technology, Kamma combines data collection and address-matching technology with insightful

Celebrating Orbital Witness’ Series A Funding Milestone Scalar North Capital is pleased to announce that one of our portfolio companies, Orbital Witness, has successfully concluded its Series A funding round, raising £7.5 million. Led by Parker89, with participation from LocalGlobe, Outward VC, Seedcamp, Portfolio Ventures, and Realty Corporation, this funding marks a significant step forward in the company’s mission to modernise property transactions through advanced artific

Scalar North Capital portfolio company Hometree has announced the successful completion of their Series B fundraise, raising $46m and acquiring BeWarm, a green home improvement financing platform offering green loans, leases and mortgage further advances. The fundraise was led by specialist energy & sustainability investors 2150 & Energy Impact Partners, alongside Legal & General Capital, Inven Capital, Oxford Capital, FJ Labs and impact fund AENU as well as a number of signi

Scalar North Capital are pleased to announce the closing of Connectd's £2.2m funding round. Scalar North Capital invested alongside Blue Lake, Mail Venture Partners, Arch Law, and Syndicate Room as well as new angel investors including former McKinsey & Co’s head of financial services, Alan Morgan; Twyn founder, Tim Levy; Monster Energy Drink’s President of EMEA, Guy Carling; and UKAT founder, Daniel Gerrard. Connectd is a UK-based provider for managing and growing relationsh

Scalar North Capital is delighted to celebrate the latest milestone of Future Anthem, a cutting-edge data and AI specialist and one of our portfolio companies. Future Anthem has successfully closed its Series A funding round, led by Bettor Capital, a venture firm focused on software and technology in the real-money gambling industry. Additional participants in the round included Sharp Alpha Advisors, industry veteran Benjie Cherniak, and other strategic investors alongside ex

Converge, a leader in construction technology and one of Scalar North Capital’s portfolio companies, has secured £15 million in Series A funding. This investment marks a significant advancement in Converge’s efforts to revolutionise the construction industry by digitising, optimising, and decarbonising its materials and processes. The funding highlights the growing emphasis on sustainable practices within the sector. Converge raises £15 million in Series A funding A Vision fo

London rental platform Goodlord and Scalar North Capital early portfolio company, which supports over 1 million landlords and tenants across the UK and processes £1bn + payments per annum raises a £27m round. Goodlord raised the funds from Highland Europe with ongoing support from Columbia Lake Partners, Finch Capital, Latitude and Oxx having doubled their revenue in 2021 off the back of their Series B funding round, raised during COVID-19 in early 2020. Goodlord will use the

Chip recently announced the closing of their £6.5m crowdfund on Crowdcube with £1m raised in just eight minutes. Chip has its sights firmly set on becoming a saving and investment super app. In their latest crowdfunding raise, Chip closed £6.5m from 9,000 investors crowning itself as one of the largest crowdfunded FinTech businesses across Europe. Chip's CEO and founder Simon Rabin said, “Our investor community is at the heart of everything that we do in allowing our customer

Connectd, a three-sided marketplace which seeks to bring together startups, investors, and advisors has successfully finalised their seed round of £700k+. Launched in February 2020, Connectd has grown strongly, averaging 15% month-on-month growth on subscriptions, and has helped nearly 100 businesses raise capital to date. Scalar North Capital are pleased to have been an early investor in Connectd and have thus built up a very strong relationship with the Connectd team. Josh

Property licensing is complex, inconsistent, and ever-changing in the private rented sector in the UK. To solve this, London-based Prop/RegTech platform Kamma offers proprietary technology that detects, cleanses, and aggregates huge volumes of divergent and ever-changing regulatory information. The UK-based startup has recently secured an additional £1.6m of funding. The investment was led by Triple Point, which also included investments from Pi Labs and M7 Structura. So far,

Scalar North Capital portfolio company and London-based Forward Health, the healthcare communications tool launched by UK doctors, has rebranded to Pando Health and announced new funding from Skip Capital of €4.5 million as it accelerates plans for international launch. Read more here.

Scalar North Capital investment Pando added to NHS app library, "since COVID-19 the app has seen a 700% increase in users." The clinical messaging app has been officially added to the NHS Apps Library. Read more here.

Following a year of rapid growth, Goodlord now processes more digital tenancies than anyone else in the market and is being used across the UK by hundreds of letting agents. Goodlord closed their £10m Series B led by Finch Capital and Latitude Ventures, the Series B+ sister fund to VC firm LocalGlobe, alongside Oxx as new investors. Read more from Goodlord's blog here.

Orbital Witness, the UK based LegalTech startup developing AI-powered software to transform the £4bn UK property due diligence market, has closed a £3.3m round of funding. The round was led by LocalGlobe and Outward VC, bringing Orbital Witness’s total funding to £4.5m. Having launched with its first customer in September 2018, Orbital Witness is now used by numerous large law firms, including four of the five “Magic Circle” firms. Orbital Witness’ long-term vision is to buil

Chip, the automatic savings and investments platform and Scalar North Capital’s portfolio company raised £10m+ from crowdfunding and the...