Finance Friday: Who raised funding this week? February 12-16

Our weekly selection of the UK start-ups who successfully raised funding. Did we miss yours? Read below on how to get featured


Online estate agency Home Made raises £850,000 seed funding

Who: London-based proptech Home Made
How much: £850,000
Who are the investors: Private equity firm Tethys Equity led the investment round.
For what: Home Made plan to spend 25% of the seed funding on tech development, focused on the customer experience and operational efficiency. While 40% of the budget will be used on operations, to ensure the quality of its service remains at the highest level.
What they said:

Asaf Navot, founder of Home Made, said:

“We are excited to continue to disrupt the real estate sector with a high quality service for a fee that is 50-90% lower than traditional agencies.

“Home Made’s continuous investment in technology and quality of operations are essential in our journey to revolutionise the customer experience in an industry that is not well known for being customer-centric.“

On-demand GP service ZoomDoc raises £540,695 from the crowd

Who: ZoomDoc
How much: 
£540, 695
Who are the investors: Investors on crowdfunding site Seedrs.
For what: The money raised will be used to scale-up and invest strategically to accelerate the national expansion of the GP workforce and to ensure the best team is in place to take the business forward.

Manchester-based adtech start-up PowerLinks raises £5.48m Series A ahead of US expansion

Who: Powerlinks
How much: £5.48m
Who are the investors: Primarily backed by Foresight Group, with additional investment from angel investors and PowerLinks management.
For what: The Salford Quays-based business will use the funds to aid US expansion, and has also announced serial adtech entrepreneur Alex Rahaman as its new chairman.
What they said:

Kevin Flood, CEO of PowerLinks, said:

“PowerLinks is poised to drive exponential growth for our customers, by meeting the challenge of automating relevant, personalised advertising to busy consumers who are overwhelmed with choice. This investment will accelerate our expansion and innovation plans.

“We are delighted to have Foresight’s backing and shared vision. The Foresight team, together with the recent appointment of Alex and Mickey, will inject a wealth of experience in scaling transformative digital businesses”

Gravity Sketch, a VR and 3D design software start-up, raises £1.2m seed

Who: Gravity Sketch
How much: £1.2m seed funding.
Who are the investors: Led by Forward Partners, the funding round also included San Francisco-based VC Super Ventures, and Japanese company Wacom.
For what: Gravity Sketch will use the fresh funds to continue to build its 3D software.
What they said:

Matthew Bradley, an investor at Forward Partners, who will now join Gravity Sketch’s board of directors, said:

“Designing anything that is physical which is at all massive – whether it’s a car, a shoe, a building – is a complicated and old fashioned process. CAD is great but fussy and extremely detailed.

“What the team at Gravity Sketch has achieved is complementary to existing top-class CAD software yet will achieve huge efficiencies and improvements in the design process. It’s the best use of VR in the enterprise that I’ve ever seen.”

Rezatec raises £2m to expand its delivery of satellite-driven data analytics

Who: Rezatece, a leading provider of geospatial data analytics to the infrastructure, forestry and agribusiness sectors.
How much: £2m
Who are the investors: Caphaven Partners led completion of the two-stage round with support from existing investor Run Capital and new investor Newable Private Investing (NPI) through its Scale Up Fund 1.
For what: To drive Asia-Pacific expansion.
What they said:

Patrick Newton, CEO of Rezatec, said:

“We are making rapid progress with subscription sales of our geospatial data analytics for customers in our target markets worldwide.

“The support of our investors in this round has helped us continue on our fast growth track as we deliver proven products to new and existing customers. As we continue on this growth trajectory, we anticipate further financing rounds to ensure that we strengthen and consolidate our market position in the period ahead.”