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Fuel Ventures Invests £3M in 51toCarbonZero: Pioneering Solutions for a Net-Zero Future
51toCarbonZero, a UK-based climate-tech company, has secured £3 million in funding to enhance its AI-driven emissions platform and expand internationally. The investment round, led by Fuel Ventures, reflects growing confidence in the company’s potential. Their platform provides real-time emissions intelligence, enabling businesses to monitor and reduce carbon footprints with features like end-to-end carbon accounting and actionable sustainability insights. The funding will enhance AI capabilities and facilitate expansion into European and North American markets. 51toCarbonZero aims to help clients reduce 500 million tonnes of CO2e globally, integrating emissions management into core business functions.
Highnote Secures $90M in Series B Funding to Launch Revolutionary Unified Payment Platform
Highnote has raised $90 million in a Series B funding round led by Adams Street Partners, with contributions from existing investors like Oak HC/FT and Costanoa. This funding will enhance Highnote’s innovative acquiring solution, allowing businesses to smoothly accept and process payments on the same platform where they issue cards, leading to time and cost efficiencies. Key features include a centralized ledger, online payment options, direct connections to major networks, and improved data access. CEO John MacIlwaine highlighted that this funding and expansion will support businesses of all sizes with scalable payment solutions.
Finova Broker and UnderwriteMe Unite to Revolutionize Client Protection Services
Finova Broker has partnered with UnderwriteMe to enhance services for UK financial advisers and brokers by integrating UnderwriteMe’s Protection Platform into its CRM system. This collaboration aims to streamline protection sourcing, enabling brokers to provide accurate quotes, reduce application friction, and secure competitive coverage. The integration addresses the UK’s protection gap, allowing for real-time underwriting decisions and simplified application processes, thus improving client outcomes and satisfaction. Industry leaders Mark Cracknell and Matt Harrison highlighted the importance of equipping brokers with advanced tools to better serve clients and grow their businesses. This partnership represents a significant advancement in the UK financial landscape.
Vigil Raises $1.3M to Revolutionize Automation Solutions for Insurance Carriers
InsurTech company Vigil has raised $1.3 million in a pre-seed funding round, led by M25 and supported by investors including Nationwide Ventures and Rex Salisbury. Founded in 2023, Vigil aims to revolutionize the annuity industry through its white-label digital platform that automates post-issue processing for insurance carriers. Key features include document uploads and electronic signatures, improving efficiency and client satisfaction. The funding will enhance product development and expand market presence. Vigil’s CEO highlights the need for modern solutions in a sector historically reliant on manual processes, while the CTO emphasizes applying e-commerce principles to streamline operations.