The new capital raised came from Expedition Growth Capital.
Fund II will invest in up to 30 UK-based pre-seed and seed-stage startups, with typical initial cheques of around $2 million.
Replenit’s $2.5 million pre-seed round was co-led by Movens Capital and Vastpoint, with participation from Logo Ventures and DigitalOcean Ventures.
The round was led by P101 SGR with participation from Spanish family offices Namarel and Inderhabs.
The funding round was led by FORWARD.one, with participation from University2Ventures and Tensor Ventures.
The round was supported by AENU, Y Combinator, Kima Ventures, RAISE, Better Angle, and Collab Fund.
The round was co-led by BlackPeak Capital, Cogito Capital, and Taiwania Capital.
The funding round for nFuse was backed by Eleven Ventures and LAUNCHub Ventures.