Funding will help grow new start-up digital businesses
The Peterborough founder of e-commerce success Kiddicare.com has just secured a £10 million award to help power new digital start-ups to success.
Scott Weavers-Wright, who was the former chief executive of Kiddicare.com – the internet arm of Peterborough-based baby care supplier Kiddicare, – and business partner Fred Soneya have secured the multi-million commitment for their investment business Haatch Ventures.
Haatch specialises in backing digital start-up business and since its creation nine years ago has made 82 investments in 54 new companies which together are currently valued at more than £400 million.