Its name may not be the easiest to pronounce, but Beringea certainly boasts some promising tech companies in its investment portfolio.
There’s Network Locum, an online community for GP locums; fashion tech startup Thread, which closed a £4m round in June; Blis, an Adtech firm whose £25m round made headlines earlier this year; and more recently, Honeycomb’s £3m raise led by the firm’s UK division.
The investment firm, which is also active in the US tech scene, focuses on development capital (aka Series A) – dishing out anything in between £1m and £5m to companies that show growth potential.
That’s not to say the investment team isn’t willing to meet early-stage companies, though.
“We are definitely open to meeting companies early on as they may become ventures we want to invest in the future and getting involved with them early allows us to follow them as they develop,” Robert Dagger, investment associate at Beringea, who worked on Thread’s and Poq’s recent deals told Tech City News....