Northzone leads $15m series-A for Disperse

Sweden-based Northzone is currently investing from its €300m Northzone VIII fund, which closed in 2016.

New investor Revolt Ventures and existing investors Kindred Capital and Frontline Ventures also participated in the round.

The fresh capital will be used to expand further into the US and accelerate product research and development.

Previous funding
The company received £30,000 from incubators Seedrs and Ignite Accelerator, and £120,000 from angel investors in 2016.

Kindred Capital led a £950,000 funding round in 2017, with participation from Frontline Ventures.

Company
Founded in 2015, the company's products capture and process visual data from physical construction sites to offer analysis to management teams. Clients include Meyer Bergman, Lodha, Mace and Canary Wharf Contractors. Disperse employs 60 people in sites across London, Oxford, Sarajevo and Yerevan, according to LinkedIn.

People
Northzone – Michiel Kotting (partner).
Disperse – Felix Neufeld (CEO).

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