WeAre8, a London-based sustainable advertising platform, announced on Thursday that it has closed $15M (approx €13.5M) in a Series B round of funding from Channel 4 and Centerstone Capital. The funding will enable the UK company to accelerate its growth through 2022.
Sue Fennessy, founder and CEO of WeAre8, says, “We are delighted to announce this strategic investment from Channel 4 and Centerstone Capital. People across the UK and the world are under more economic pressure than ever before and the WeAre8 technology brings money and power back to individuals in a transformational way all while uniting them to help solve the world’s biggest issues. The investment from Channel 4 and Centerstone Capital is enabling us to scale our technology to millions of people every day.”