Pearls Capital

🚀 Top 25 UK Startups to Watch in 2024 🌍 The UK is a powerhouse of innovation in industries from AI to sustainability. Here are the 25 startups identified by Bloomberg making a big impact: 1. Wayve – Autonomous driving AI. 2. Sibstar – Debit card for dementia care. 3. Flo Health – Femtech for health tracking. 4. Algreen – Biodegradable plastic alternatives. 5. Allye Energy – Energy storage for aging grids. 6. ANNA – Small business admin app. 7. Arondite – AI for military autonomy. 8. Audiomob – Audio ads in gaming. 9. Basecamp Research – AI-driven genetic medicines. 10. Carmoola – Fast loans for car buyers. 11. Circulor – Supply chain transparency. 12. Cleo – Financial coaching with humor. 13. CloudNC – AI-powered precision manufacturing. 14. CuspAI – Discovery of sustainable materials. 15. Datamaran – ESG risk management platform. 16. Electron – Low-carbon energy marketplace. 17. Hurr – Luxury fashion rental platform. 18. iComat – Lightweight carbon fiber technology. 19. Immersive Labs – Cybersecurity training through simulations. 20. Isometric – Vetting carbon removal startups. 21. LabGenius – AI for antibody discovery. 22. ORCA Computing – Quantum computing for real-world applications. 23. Sano Genetics – Genetic testing for clinical trials. 24. Secondmind – Software for efficient car design. 25. Skin Analytics – AI-powered skin cancer detection. These startups are pushing the boundaries of innovation and transforming industries. Check out Bloomberg’s full article for more insights: Bloomberg article. #Startups #Innovation #UKTech #AI #Sustainability #Biotech #Fintech

Fin - sustainable logistics has closed a $7 million seed funding round to support its expansion into the US, starting with New York City in early 2025. The UK-based e-cargo bike operator aims to scale its fleet from 100 to 600 vehicles and further develop its AI-powered delivery platform. Participating investors include MaC Venture Capital, Side Door Ventures, Pearls Capital, and Simplex. Rich Pleeth, CEO of Fin, highlighted the unique challenges Fin faces in entering the NYC market. Sela Musa | Zag Daily https://lnkd.in/e72Zv94S #Mobility

Fin - sustainable logistics raised $7,000,000 in their Seed Round-Congrats Rich Pleeth Full Round Info: https://lnkd.in/gq4x9fkk Round Investors: MaC Venture Capital, Side Door Ventures, Pearls Capital, Simplex Ventures

VCLink's Daily Round Report (Part 3) 19. Nikhil Raghuveera and Jesse Sawa’s Predicate raised $7 million to streamline connectivity between blockchain apps and the financial world, backed by Tribe Capital and 1kx. https://lnkd.in/ep_SWNQr 20. Rich Pleeth’s Fin - sustainable logistics closed a $7 million seed funding round to support its expansion into the US market by 2025, starting with New York City. MaC Venture Capital, Side Door Ventures, Pearls Capital, and Simplex Ventures participated in this round. https://lnkd.in/e7R4pvmd 21. Greg Cox's Acquired.com, a payments solution provider for recurring commerce, has raised £4 million ($4.94 million) from Beach Point Capital Management to further enhance its product development and hiring efforts. https://lnkd.in/ehdMEzWf 22. Strella secures $4 million in seed funding led by Decibel Partners, with participation from Unusual Ventures, to automate market research using AI-powered customer interviews. https://lnkd.in/eBTefX7n 23. Diesta, a London-based insurtech company digitizing payments in the insurance industry, has secured $3.8 million in seed funding led by FinTech Collective, with Commerce Ventures, Restive Ventures, and SixThirty also participating. https://lnkd.in/eQV3tJ-J 24. Keep, a Tel Aviv-based open-source platform for alert management and automation, has secured $2.7 million in pre-seed funding led by Runa Capital, with participation from investors including Firestreak Ventures, Y Combinator, and notable founders from Elastic and PagerDuty. https://lnkd.in/eDBa4NP6 25. Simona F.’s sallea raised $2.6 million in a pre-seed round led by Founderful, with participation from Kost Capital, to advance cultivated meat and fish production through innovative edible scaffolds. https://lnkd.in/e9vBTkpi 26. Sean McCarthy and Henry Ou's BackOps AI, an AI-driven supply chain logistics platform, secured $2 million in pre-seed funding led by Gradient, with participation from 10vc. https://lnkd.in/eR3Qdj56

British sustainable logistics provider Fin - sustainable logistics has raised $7 million in seed funding to expand its operations into the US. The latest funding round was led by MaC Venture Capital with involvement from Side Door Ventures, Pearls Capital, and SIMPLEX VENTURES. Fin will use the funding to scale its e-cargo bike fleet by 500% from 100 to 600 vehicles in total. The operator aims to deploy these additional vehicles across the UK and New York by the end of the year. With plans to launch in New York City (NYC) in early 2025, Fin’s move across the pond marks its first venture outside of the UK. https://lnkd.in/eTuxf2_2

Insights from SaaStock 2024: Balancing Stakeholder Needs in High-Growth Companies 🚀 I had the privilege of attending an illuminating fireside chat with Teo Blidarus, FintechOS, & Vinoth Jayakumar of Molten Ventures. Here are some golden nuggets on navigating growth while prioritizing stakeholders: 1. Customer Trust is King 👑 Earning customer trust should be the top priority. It's the foundation for attracting talent and investors. 2. The Boomerang Effect 🪃 Creating a flexible, non-judgmental culture allows employees to explore opportunities elsewhere and potentially return with enriched experiences. This amplifies trust and value in relationships. 3. Evolving Board Dynamics 🧩 As companies scale, the board composition needs to evolve. • Include 1-2 independent board members with real scaling experience • Establish an advisory board to tackle specific challenges • Consider bringing in a chairman to create synergies and drive vision 4. Navigating Leadership Challenges 🧭 When bringing in external leaders, cultural alignment is crucial. If external hires don't work out, leverage the learning experience for internal team members who may now be ready to step up. 5. Maintaining Authenticity in Tough Times 🤝 During downsizing or restructuring, preserve relationships by being authentic, respectful, and keeping communication channels open. This builds long-term relational currency. 6. Empowering Internal Decision-Making 💪 Foster a culture where the team feels empowered to make decisions, while being open to external help when needed. This balance keeps the company agile and open to growth. Key Takeaway: Growth is a delicate dance of balancing stakeholder needs. The secret sauce? Trust, flexibility, and authentic leadership. Had enlightening conversations with folks from Cipio Partners, Claret Capital Partners, CMS, Dawn Capital, Flashpoint Venture Capital, Forestay Capital, Gro Capital, Highland Europe, Inveready , IonPacific, LLC, Mercia Asset Management PLC, Mosaic Ventures, NEVA SGR, P101, Passion Capital, Pearls Capital, Riverside Acceleration Capital, Verdane, Vi Partners, Wecken & Cie. - Care4 AG, Yttrium ActivumSG ,Eka Ventures,Growthdeck,Pact,Systemiq Capital,Zinc,Zouk Capital LLP 2degrees,Deep Science Ventures,First Impact Partners,InMotion Ventures,Ascension #Leadership #SaaStock2024 #sustainability Blue Earth Summit #BlueEarthSummit

🌱 Weekly European Mobility Climate Tech Funding #16 🚀 Northvolt 🇸🇪 (€276M Debt & Late VC) 💸 N/A 🚀 Fin - sustainable logistics (€6.45M Seed) 💸 MaC Venture Capital, Side Door Ventures, Simplex Ventures, Pearls Capital 🚀 HIVED 🇬🇧 (€2.4M Series A Extension) 💸 Yamato Holdings Co Ltd / ADR

Green last-mile delivery startup Fin - sustainable logistics has raised $7 million to expand its operations into the US. The funding will help scale the provider's e-cargo bike fleet by 500% from 100 to 600 in total. Fin will deploy these additional vehicles across the UK and New York by the end of the year. “When operating in NYC compared to London, we need to account for several key differences,” Fin CEO Rich Pleeth told Zag Daily. “Firstly, the regulatory environment differs. E-cargo bikes like the Fernhay are legal in NYC but various labour regulations must be navigated when entering any new country. “Cycling infrastructure in NYC is also significantly less developed than it is in London, which will impact route planning and delivery times.” Read more: https://lnkd.in/e72Zv94S

🚀 Fin Raises $7M to Revolutionize Last-Mile Delivery with Advanced Tech Platform! 🖥️🚚 We're transforming last-mile delivery through cutting-edge technology! ⚡ Fin just secured $7 million in seed funding to bring our AI-powered logistics platform to New York City and expand across the UK. Why it matters: 🔹 Smarter Deliveries: Our proprietary AI and machine learning algorithms optimize delivery routes in real-time, reducing delivery times and increasing efficiency. 🔹 Real-Time Insights: Our platform provides dynamic insights and transparent tracking, keeping customers informed every step of the way. 🔹 Sustainable Innovation: By combining tech-driven efficiency with our fleet of e-cargo bikes and electric vans, we're significantly reducing emissions and urban congestion. 📈 Growing Fast: We've achieved 10x growth this year after acquiring Urb-it (acquired by Fin), enhancing our technology and integrations! Join us on our journey to redefine urban logistics! 🌍 (Investors: MaC Venture Capital, Side Door Ventures, Pearls Capital, Simplex Ventures) #FinLogistics #SustainableDelivery #SeedFunding #Expansion #EcoFriendly #NYC #London #Innovation #Finmile #DeliverySolutions #Ecommerce #LastMile #Convenience #LastMileDelivery #FutureofLogistics #EcommerceTrends #ZeroEmissionsDelivery #Ecommerce #Sustainability #GreenLogistics #GreenEconomy #ClimateAction #CleanAir #RenewableEnergy #EnvironmentFirst #LogisticsSolutions #DeliveryInnovation #SupplyChainSustainability #Microfulfilment #SmartDelivery #CityLogistics Danny Marlon Chris Emil Hiren Rich Amy Andrew JJ Mike Kate Joshua proChain Ventures Fernhay Solutions J.P. Hugo Laurent Ascension Conduit Connect Gabrielle Alexander Tudor Munder Omar Sohyb Abdulaziz [blank] capital Alexandru Nitin Bhavy Sifted Zag Daily Sela

🌟FINAL SPEAKING SESSION on the Magenta Stage🌟 Panel discussion | Towards a greener last mile: where do we go from here? Check out the key talking points: - Understanding consumer preferences: balancing convenience, cost and sustainability  - What strategies can be used to incentivise consumers to make more sustainable choices?  - Tracking emissions and carbon offsetting: what more needs to be done?  - Recyclable and reusable packaging: what are the latest innovations? What are the economics?  - Fleet electrification: is this the future, or will other technologies come to the fore?  - What public infrastructure is needed for a further move to bikes? What are the likely timeframes?  - Changing delivery norms: is it viable to make out-of-home delivery the default option?  - Collaboration to improve efficiency: where do the opportunities for CEPs, 3PLs and retailers lie? Hear from our superstar speakers: 🌟Vita Jarolimkova, Sustainability Strategy Manager, Stuart  🌟Rich Pleeth, Co-Founder & Chief Rider, Fin - sustainable logistics 🌟Luke Turnbull, Final Mile Sustainability Specialist, Evri  🌟Fabian Seithel, Associate Vice President, EMEA Sales, Geotab