Participated · Series A · Aug 2023

Zeelo operates a transit‑tech platform that helps bus operators, employers and schools run private bus and shuttle transport programs. The company sells managed shuttle and route services to enterprises and institutions, and has commercial contracts including Fidelity and other large enterprise clients. Zeelo plans to accelerate sales and expand U.S. operations on the East and West coasts while continuing to develop its technology platform. It recently closed a $14M equity Series A extension to fund that expansion. The extension follows a tumultuous attempted acquisition by Swvl; Zeelo retained a $5M convertible promissory note that Swvl had committed prior to terminating the deal. Prior financings include a $1.6M pre‑seed, $6M seed and a $12M initial Series A, bringing total Series A funding to $26M and total capital raised to $33.6M. The company maintains operations in the U.K. and a second headquarters in Boston, and its co‑founders have relocated to the U.S. Zeelo operates a smart commuter mobility platform that enables employers, schools and fleet operators to deliver scheduled bus programs as an alternative to driving. The company’s core product combines fleet operations with a technology platform to connect riders in car-dependent areas to work and education. Zeelo serves multinational customers such as Ocado, Amazon and Wincanton and moves nearly 100,000 riders each month. It has recorded 600% revenue growth over the past 18 months and reached regional profitability. Headquartered in London, Zeelo has operations in the UK, USA and South Africa and employs over 75 people. The company plans to use the new funding to accelerate expansion across the US, Europe and Africa and to roll out its technology as a SaaS solution for fleet operator partners. Zeelo provides a personalized shared mobility service for underserved areas, combining data analytics with an AI-powered algorithm that designs routes to meet customer needs. The platform integrates with an executive vehicle fleet of over 20,000 high-quality coaches across the UK to serve demand. Its product set includes ZeeloCOMMUTE (employee shuttles), ZeeloEVENTS (event shuttles) and ZeeloPRIVATE (private-group shuttles), and it has partnerships with employers and sports organizations such as Aston Martin, Manchester City FC, Wasps RFC and the Welsh Rugby Union. The company intends to use new funding to further establish itself as the UK market leader, expand operations in Africa and other regions, and develop its technology, data and automation. It also plans to invest in new vehicle technologies, improve the on-board experience and driver onboarding with coach operators, and launch new verticals beyond its existing offerings. Zeelo was founded in early 2017 by Barney Williams, Sam Ryan and Dani Ruiz. The company recently closed a £4.25m funding round. Zeelo is a London-based provider of an AI-driven platform that predicts demand for coach travel and generates unscheduled, direct coach routes. The company operates a global pop-up transport platform that intelligently uses data to create unscheduled and direct coach routes. It is led by Barney Williams and Sam Ryan. In November 2017 Zeelo raised £1.2m in funding. Backers included InMotion Ventures, Michael Leibreich and Simon Woodroffe. The company intends to use the funds to roll out its technology across different markets in the UK and Europe. Zeelo is a London-based coach travel startup offering pop-up coach services for city and event transport. The platform uses artificial intelligence to predict demand and identify optimal routes. Co-founded by Barney Williams and Sam Ryan, the founders previously built JumpIn, a taxi-sharing app acquired by Addison Lee in 2014. The company closed a $450k pre-seed round and plans to use the funds to continue platform development and expand across the country and later into Europe. In conjunction with the funding, Zeelo will join Jaguar Land Rover’s mobility seed program. Backers on the round include InMotion Ventures, Liam Griffin and other angel investors.

Participated · Series B · Nov 2021

actnano produces Advanced nanoGUARD™, a water- and environmental-resistant nanocoating applied to connectors, antennas, LEDs, and high heat‑generating components to protect electronics. Its scalable, turnkey solution integrates into existing manufacturing lines to enable broad adoption by electronics manufacturers. The company is positioned as a trusted partner to global automotive and consumer electronics OEMs and Tier‑1 suppliers, and ANG technology is already integrated into production vehicles and leading consumer devices. actnano emphasizes that its coatings are safe, non‑toxic, environmentally friendly, and outperform traditional conformal coatings. The company plans to use proceeds from the recent financing to expand its technical sales and services footprint and to increase production volumes and efficiencies to meet global demand. The articles note growing adoption across applications and industries, including sustainable energy use cases. Actnano develops surface protection technologies applied to connectors, antennas, LEDs, and high-heat generating components for automotive and consumer electronics. Its gel-state advanced nanoGUARD is used in smartphones, automobiles, home security systems and other consumer electronics. The company reports its technologies are protecting electronics on over 2 million production vehicles, including 80% of EVs in North America. Actnano emphasizes worker and environmental health and safety in its protection technologies. The company plans continued research and development to stay ahead of customers’ changing needs and ongoing global expansion into key automotive markets such as Germany, Korea and Japan. It is described as a global leader in surface protection technologies for automotive and consumer electronics. actnano commercializes Advanced nanoGUARD, a water- and environmental-resistant nanocoating technology for protecting electronics in automotive and consumer devices. Its coatings can be applied directly to connectors, antennas, LEDs and high-heat components and integrate into existing manufacturing lines as a scalable, turnkey solution. actnano’s nanoGUARD technologies are protecting electronics on over 2 million production vehicles, including 80% of EVs in North America, and are used in many leading consumer devices. The company describes its coatings as safe, non-toxic, environmentally friendly and higher performing than traditional alternatives in harsh conditions. actnano will use the new capital to expand its global sales and technical teams and to ramp up production to meet increased demand. Customers and partners include global automotive and consumer electronics OEMs and Tier‑1 suppliers. actnano commercializes Advanced nanoGuard™ (ANG), a wet nanocoating that can be applied directly to connectors, antennas, LEDs and high-heat components to provide water and environmental resistance. Its coatings are electrically insulating yet allow electrical connection through the coating, enabling protection of connections that previously had to remain uncoated. The ANG technology is sold as a scalable, turnkey solution that integrates into existing manufacturing lines and is already integrated into production vehicles and leading smartphones. actnano counts global automotive, electric vehicle and consumer electronics OEMs and Tier‑1 suppliers as customers and is expanding its automotive customer base with OEMs in Germany, Japan and Korea. The company emphasizes that its coatings are human-safe, non-toxic and environmentally sustainable compared with many incumbent technologies. Recently the company completed an oversubscribed $12M Series A to support its next phase of growth and market adoption.