Neo Eco Limited of London, UK
Bloomsbury Information Capital Ltd (an 85%-owned subsidiary of Bloomsbury Minerals Economics Ltd) has participated in an equity financing round of Neo Eco Ltd, trading as neoeco.
neoeco is headquartered in London and provides state-of-the-art, Financially Integrated Sustainability Management software with audit grade, fully automated reporting for companies in key global markets. It is SOC2 compliant, with cutting-edge data and analytics, powerful ESG performance optimisation tools for strategic planning and a compliance engine aligned to all major reporting standards.
With partnerships already in place with leading accounting firms, ESG consultants, and technology audit firms, neoeco is extending our cutting-edge Sustainability Management software to new markets as well as driving further innovation.
ESG reporting is becoming increasingly important due to regulatory requirements, such as the upcoming CSRD regulations, the demand for transparency and accountability from investors and stakeholders, and a global commitment to sustainability and impact reduction.
We’re proud that the neoeco platform allows for effortless ESG reporting across all relevant frameworks and all of sustainability - not just carbon - as well as the ability to drive positive sustainable change through actionable insights and forecasting.
Simon Benney represents Bloomsbury Information Capital on the neoeco board.
Please visit www.neo.eco or https://www.linkedin.com/company/neoecoltd/ to learn more.
Minviro Limited of London, UK
Bloomsbury Information Capital Ltd (an 85%-owned subsidiary of Bloomsbury Minerals Economics Ltd) has participated in an equity financing round of Minviro Ltd. Minviro is headquartered in London and has a team of nearly 50 employees. It provides a proven ecosystem of Life Cycle Assessments via consultancy, a world class SaaS platform (Xycle) and R&D to accurately measure and meaningfully reduce company's environmental impact. Minviro focuses on the growing energy transition sector spanning from the raw materials, through mining to processing and downstream value-added sectors such as battery producers, automotive & EVs and photovoltaics.
It has completed 100+ projects in 24 countries so far. The Xycle suite covers carbon footprint, Life Cycle Assessment, support for Environmental Product Declarations (EDP’s), integrated LCI databases and covers the environmental footprint of the entire battery production chain.
The capital raise of £2,100,000 will allow Minviro to expand delivery of the software and build capacity to support strategic consultancy services in new markets and industry segments, whilst also driving innovation within the company. Key markets where Minviro will be expanding include Australia, Asia, and both North and South America.
Minviro also has offices in Perth, Australia, and Shanghai, China.
Simon Benney represents Bloomsbury Information Capital on the Minviro Board
Please visit www.minviro.com or www.linkedin.com/company/minviro/mycompany/ to learn more.
Progressive Growth Partners Pty Ltd of Australia, trading as ‘Mutinex'
Bloomsbury Information Capital, has a 5% equity stake in the software (SaaS) company Progressive Growth Partners Pty Ltd of Australia, trading as ‘Mutinex’. The company has a staff of 35. Simon Benney represents Bloomsbury on the ‘Mutinex’ Board.
The company has developed a high performance, automated econometrics platform which measures return on investment in media and marketing. The platform is able to analyse and optimize marketing expenditure in near real time by media channel, and even marketing programme. Performance and impact are analysed, giving clear insights in return on investment which allow marketers to better predict and price future marketing expenditure and returns. Mutinex has a subscription model with high usage and output which can be incorporated into client workflows making its data sticky and even compulsive, with renewal rates close to 100%. The customer base includes Samsung Australia, Asahi Group, MeBank and ING.
In May 2022, Bloomsbury participated in the AUD 2.4M funding round, which finances a 200% expansion, increasing capability to drive self-service on-boarding and generate automated insights for customers.
In February 2023, Bloomsbury Information Capital (BIC) announced its further support of Mutinex, participating in a successful AUD 5m Seed extension round that values the company at $37m AUD. The round was led by Equity Venture Partners, a well known and highly regarded venture firm focused on early-stage B2B software companies, and was also strongly supported by existing investors, including BIC. Mutinex continues to impress with strong growth and exceptional potential - in 2022 the company posted 300% revenue growth, going well beyond the annual target of a 200% increase. The team has added to their already impressive client portfolio, attracting more blue chip companies and boasting sustained success with existing customers. The product development track record also continues at pace, with an exciting flow of innovative product features being integrated into the core product, such as the AI based Recommendation engine, that are going to fuel a new wave of value and increased returns on marketing investments.
In October 2023, Mutinex has raised another 9.5m$ AUD, taking its valuation to 75m$ AUD! Its primary backer, EVP, has now invested $12m, the most of the 48 software firms it has backed to date.
Mutinex has offices in Australia and the United States of America
Congratulations to the entire Mutinex team
Simon Benney represents Bloomsbury Information Capital on the Mutinex Board
Please visit www.mutinex.co or www.linkedin.com/company/mutinex/mycompany/verification/ to learn more.
Investments under review
Bloomsbury Information Capital currently has
2: investments in early stages of due diligence
0: investments in pre-stage discussion
Investments of the group’s other two companies:
Bloomsbury Minerals Economics owns:
26% of Skarn Associates (UK)
25% of Metal Price Analytics (UK)
Bloomsbury Natural Capital owns:
4%+ of Cascadia Seaweed Corp (Canada)
6% of the convertible loans of Xilva (Switzerland)