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Hace Raises £450K in Pre-Seed Funding

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£450k funding for HACE s data-led child labour battle

£450k funding for HACE s data-led child labour battle
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Proposed changes to investment thresholds highlights lack of funding diversity

The government is introducing a law to raise the income threshold for potential angel investors, potentially making it harder for people from underrepresented groups to fund startups.

Fulfilment firm Huboo raises £29m in drive for profitability

Bristol-based Huboo has secured new backing from existing investors including Ada Ventures and Maersk, Sky News understands.

Tech-enabled warehousing startup Huboo raises another $36 6M amid continued e-commerce growth

When consumers switched to home deliveries and “digitized” their lifestyles during the pandemic, it led to a surge in e-commerce sales and thus, also, in Huboo raised a further £29 million ($36.6 million) from existing investors including Ada Ventures and Maersk. There’s also been further, unspecified, debt investment from HSBC and Blackrock. This means it’s now raised a total on £122 million ($154 million) in equity.

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