British startup Isembard has secured $9 million in seed funding to address the manufacturing capacity crisis in Western countries by reshoring production for critical industries. The funding round included investments from venture capital firms such as Notion VC, 201 Ventures, Basis Capital, Material VC, Neverlift, and NP-Hard. This move aims to bolster manufacturing infrastructure and reduce dependency on overseas supply chains. Separately, Cloud Capital, a fintech platform designed for cloud spending, raised $7.7 million from Connect Ventures, Backed Ventures, and Middlegame VC. Additionally, RepAir Carbon is developing carbon removal machines inspired by battery technology, signaling innovation in environmental technology sectors.
British startup Isembard lands $9M to reshore manufacturing for critical industries | TechCrunch https://t.co/oZyOdaUsBI
Exclusive: RepAir Carbon is making carbon removal machines inspired by batteries | TechCrunch https://t.co/lm07bWNHGY
RepAir Carbon is making carbon removal machines inspired by batteries: https://t.co/pAdyVkGRIW by TechCrunch #infosec #cybersecurity #technology #news