DataWollet

Investor: 1818 Ventures

DataWollet has secured a £1.3 million Pre-Seed investment from investors including EIS Fund and 1818 Ventures. Summary of transaction details: Value: £1.3 million Sector: Fintech Advisor: None Key Entities: DataWollet, 1818 Ventures, EIS Fund Location: UK Note: This investment is a significant milestone for DataWollet, demonstrating the confidence of investors in the company's potential and highlighting the growing support for diversity in the fintech sector.

Investor: 1818 Ventures

DataWollet, an innovative full-spectrum open finance platform founded by former British Army captain Jen Lothian, has successfully secured a £1.635 million pre-seed investment round. This funding will be instrumental in accelerating product development, particularly its neuro-symbolic AI, and driving commercial expansion.Summary of transaction details:Value: £1,635,000Sector: FinTech, Open Finance, AIAdvisor: Not specifiedKey Entities: DataWollet (Target), 1818 Ventures (Lead Investor), Angel Academe/Syndicate Room EIS Fund, Sarah Williams-Gardener (Syndicate Lead), Development Bank of Wales Angel Co‑investment FundLocation: Cardiff, UKNote: This oversubscribed investment highlights strong investor confidence in DataWollet's unique AI-driven approach to consumer financial data access and its potential to address significant challenges within the financial services sector. It also underscores the growing support for female founders and the development of the FinTech and AI ecosystems in Wales.