London-based company Zobi, maker of the home digital guardian tool Hedgehog, has raised € 1.5 million.
The round was led by Loyal VC and Worth Capital and also included the inclusion of angel funds and a crowdfunding campaign from Seedrs that attracted over 900 independent investors.
“Zobi’s ability to design, quickly sell and deliver a simple home security solution while overcoming numerous obstacles impressed the Loyal team during our extended due diligence and led to our investment,” said Kamal Hassan, Loyal’s VC partner.
Hedgehog was founded in 2018 and launched in 2020. Zobi’s first product, Hedgehog, was unveiled at CES this January. The investment will bring the company the Hedgehog product to market and fuel further ambitions in the development of Zobi Home Intelligence.
With 59% of employees using their work passwords on personal devices and working from home the new normal, it poses a significant security risk for businesses …