Peterborough start-up fund Haatch named among UK’s best

Scott Weavers-Wright at his Haatch Hub. EMN-190325-105108009

Haatch, which was founded just 19 months ago by Scott Weavers-Wright, who was the former chief executive of Kiddicare.com - the internet arm of Peterborough-based baby care supplier Kiddicare - has been named among the top 20 in the country by financial publisher Growth Business.

The accolade comes after Haatch closed a further four investments totalling more than £1 million in early stage UK tech ventures.

Mr Weavers-Wright said: “It’s not been an easy period for any business but we have doubled down on our core belief that digital will transform our world, much faster than most could comprehend.

Scott Weavers-Wright and Fred Soneya. Photo: MSMP-07-05-15-am001 EMN-150805-114957001

“As Covid plays out, we continue to put our money where our mouth is – backing eight businesses since the pandemic began and we’re very excited about what we are seeing in the variety of start-ups now coming to us for help.

“The future of UK tech is very bright indeed.”

Its four recent investments include a £500,000 funding of Aerocloud, which seeks to remove inefficiencies from airport operations, a £150,000 funding of virtual reality specialist Bodyswaps, a £200,000 investment in software business Reflow plus a further £750,000 for verified development team outsourcing platform Deazy.

Haatch co-founder Fred Soneya said: “Deazy is a world class product and we remain fully committed in the business. Following on was an easy decision for us and we’re proud to hold a significant portion of the company.”