News#MaddyMoney
7 August 2020
Unsplash © Mika Baumeister

Livia’s, Lick and other startups raise nearly £45M this week

Every week, Maddyness brings you the latest investment news from the UK startup ecosystem. Here's a recap of this week's investments.

Total
£44.1M
Number of deals
8

AI solutions company Buildots raised £12.28M Series A

With offices in Tel Aviv and London, Buildots, a company providing AI solutions for the construction industry was backed by TLV Partners, Innogy Ventures, Tidhar Construction Group, Ziv Aviram, Magma Ventures, Benny Schnaider, Avigdor Willenz, and Gil Geva.

Established in 2018 by Roy Danon, Aviv Leibovici, and Yakir Sundry, Buildots leverages AI to track, analyse and provide actionable data for construction project teams. Using cameras, it captures imagery of every detail of an ongoing project during regular site walks. The data is then automatically compared to the design model allowing for mistakes or omissions to be corrected immediately.

Car data pioneer Wejo raises £10M

Connected car data pioneer Wejo will use this new fundraising to determine the next stage of its development as it plans to partner with new global automotive brands and progress as a market leader of mobility intelligence. In its latest funding round, Wejo was backed by DIP Capital LLP and the UK government’s Future Fund.

The startup aims to create the largest single source of connected car data, focussing on innovation and making it simple and secure for organisations to access and benefit from connected car data. At the moment, Wejo is working on potential future partnerships with various auto manufacturers to take the complexity out of data processing, storage and sharing.

Legaltech scale-up Clarilis raises £6M to fuel expansion

Legaltech Clarilis has raised £6M in a Series B investment round led by the Northern Venture Capital Trust Funds, Mercia, and Gresham House Ventures. The company will invest this funding in its ongoing growth and international expansion.

The Clarilis platform saves a significant amount of a lawyer’s time while ensuring that law firms and in-house legal departments draft consistently high-quality documentation. Thanks to this concept, solicitors can focus on what they do best, providing bespoke advice to clients and handling the non-standard aspects of transactions.

Effortless tax return specialist TaxScouts raises £5M Series A

TaxScouts, the company easing tax preparation for the UK market was backed by Octopus Ventures, SpeedInvest, Seedcamp, Finch Capital, and Clocktower Technology Ventures.

With the investment, the startup intends to expand into its first market outside the UK and is establishing a team in Spain, following the recent appointment of a Country Manager.

Workforce success platform EduMe raised £3.8M

EduMe, the leading Workforce Success platform used by companies like Uber, Deliveroo and Deloitte, was backed by Valo Ventures and Connect Ventures.

EduMe’s solution caters to the 2.7B people that make up the deskless workforce, equivalent to 80% of the global workforce. By giving them the knowledge and ability to influence, EduMe empowers people to be successful in their jobs and thus boost the success of the business.

Lick Home raises £3M seed funding from Felix Capital

Created in March 2020, Lick Home has re-imagined the way to decorate, replacing the stresses of the traditional route to DIY with an experience and products created with the modern lifestyle in mind. The company was backed by Felix Capital.

The startup’s two platforms, Lick Home and Lick Pro, are offering tailored services to both DIY and professional customers, by innovating on each component of the experience.

Grocery delivery app Weezy raises £1M pre-seed

Founded by Kristof Van Beveren and Alec Dent, Weezy was backed by Heartcore Capital, in addition to former executives at Ocado, Tesco, Sainsbury’s Chop Chop and Deliveroo. This new investment will fuel the company’s activity expansion and product development.

The concept is simple. Customers use the app to browse and buy items on their shopping lists including fresh fruits, vegetables, bread, medicines, cleaning products and alcoholic drinks. Then the order is picked and prepared at Weezy’s fulfilment centre, before being delivered on electric scooters or bicycles within 15 minutes. The service runs from 10 am to 10 pm every day, charging £2.95 for delivery.

Free-from brand Livia’s receives £1M on Seedrs

So far in its crowdfunding campaign, Livia’s has attracted over 400 new investors. Now that it’s overfunding, Livia’s invites even more of their community to join its journey to become a global household name. With the investment, Livia’s plans to make more indulgent treats accessible to everyone! Adding magic and innovation to the plant-based and free-from world.

Livia’s is backed by private investors, experts in the food industry (including Andy Weston-Webb, previously President at Mars for 10 years, Jaap Korteweg, founder of Vegetarian Butcher and Michiel van Deursen, entrepreneur and investor focussing on plant-based businesses).