Title Future of Work Scale-Up Wazoku Raises £8.5M in Series B Funding From Octopus Ventures and Acquires Collective Intelligence Start-Up, Mindpool Degree of recognition International Media name/outlet Global Newswire Media type Web Country/Territory United Kingdom Date 28/12/2022 Description LONDON, England, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Innovation scale-up Wazoku has closed a series B funding round of £8.5M through investment from Octopus Ventures, along with follow-on from existing investors, including Calculus Capital.
Wazoku works with global enterprises such as NASA, Enel, HSBC, Shell and more to help them innovate at scale. It will use the funding to drive R&D across its product suite, as well as further internationalisation, acquisitions and the management of hyperscale growth over the next two years.
"In a world in which volatility and complexity are increasing and the nature of work and talent are drastically changing, it is critical that organisations develop the capability and capacity to think and act differently when it comes to change and innovation," said Rich Bolton, Octopus Ventures. "We have been impressed with the vision of the Wazoku team to help drive impact and innovation by creating a true operating system for innovation at scale. We back ambitious founders with a bold vision to change the world and are excited to support Wazoku in this next stage of their growth."
Persons Carina Antonia Hallin