Startup Funding Club leads funding round in Petalite Ltd and Kashing Ltd alongside angel investors
Startup Funding Club is excited to announce that it has led an SEIS funding round of over £250k into Petalite Ltd and another of £150k into Kashing Ltd. The investments have been syndicated between members of the Startup Funding Club award-winning angel syndicate and the SFC SEIS Fund.
Petalite Limited is have developed technology and IP for commercially-ready systems to supercharge batteries to 100% in under 15 minutes. The charging technology is safe and scalable and will be adapted and applied to other markets such as portable power supplies, mobility devices and the automotive sector.
Kashing Limited has developed a payment technology for the hospitality sector. It equips the B&B, self-caterers and service accommodation providers in the UK with technology allowing them to take payments the way the public wants to pay: on the spot, online or with their mobile devices.
Startup Funding Club, specialised in SEIS investments, acts as a facilitator for young British businesses to receive funding. The winner of the Lead Syndicate of the Year 2016 by UKBAA combines its angel syndicate with the Startup Funding Club Fund. This unique model allows High Net Worth and Sophisticated investors to invest in high-potential startups either directly or through a diversified managed portfolio approach.