Fundz

From Lights To Labour, Beryl Raises £2 Million To Open Factory In Poole

PRIVATEFeb 20, 2023

Amount Raised

£2 Million

Round Type

Seed

TransportationTravelE CommerceAutomotive

Investors

Richard BransonBritish Business BankIndex VenturesSir Richard BransonEntrepreneur FirstFrontier Development Capital

Description

London-based micromobility firm Beryl has raised a fresh £2 million in new funds provided by Frontier Development Capital. The investment is slated to support the development of a new factory based in Poole, Dorset. Including this investment, since late 2012 Beryl has raised approximately £23.3 million and is backed by Entrepreneur First, Sir Richard Branson, Index Ventures, and British Business Bank to name a few.

Quick answer

Beryl raised £2 Million in a Seed round, dated February 20, 2023. Investors: Richard Branson, British Business Bank, Index Ventures, Sir Richard Branson, Entrepreneur First and Frontier Development Capital.

How much did Beryl raise?
Beryl raised £2 Million in a Seed round on February 20, 2023.
Who invested in Beryl?
Richard Branson, British Business Bank, Index Ventures, Sir Richard Branson, Entrepreneur First and Frontier Development Capital are named as investors in this round.
What does Beryl do?
Overview Beryl is the UK's leading micromobility company, championing sustainable travel options to help reduce road congestion and improve air quality and public health.

Source: Fundz verified event record.

Who else raised in Transportation and Travel around the same time

Companies in the same sectors as Beryl that raised within 45 days of this round, from Fundz verified event records.

  • ZoomCar raised $8.1M on March 23, 2023.
  • Zypp Electric raised $25M (Funding Round) on February 8, 2023.
  • Magenta Mobility raised $22M (Funding Round) on April 5, 2023.
  • Evera raised $7M on March 1, 2023.
  • Planet42 raised $100M on February 22, 2023.
  • Dronamics raised $40M (Pre-Series A) on February 17, 2023.

Who to call at Beryl, and when

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Company Information

Company

Beryl

About

Overview Beryl is the UK's leading micromobility company, championing sustainable travel options to help reduce road congestion and improve air quality and public health. We have delivered affordable bike, cargo bike and scooter schemes in locations around the country; including Norwich, Watford, Hereford, Bournemouth, the Isle of Wight, Hackney and, most recently, Greater Manchester. A B-Corp certified operator, we deliver schemes in partnership with cities and communities, placing people, social responsibility and environmental sustainability at the same level as financial sustainability. We also provide technology for micromobility schemes in London and Birmingham and manufacture innovative technological solutions, such as the Laserlight.

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Beryl raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.