Noddlepod set to revolutionise community learning backed by a funding package from Finance Wales and 4 angel investors
A Caerphilly-based tech start-up has secured its first round of
funding from Finance Wales and 4 angel investors.
Noddlepod will use the funding, which includes £105,000 from the
Wales Technology Seed Fund, to develop and commercialise its
collaborative learning tool. It will also enable the company to
recruit a number of developers and sales staff.
Noddlepod’s innovative learning platform provides leadership
networks and expert groups a safe, private environment in which to
share knowledge, support and learn from each other.
“Noddlepod has a unique approach to organising and filtering
information, which reduces information overload and enables
peer-to-peer learning. This funding will enable us to reach new
customers and build on this competitive advantage” explained
Chief Executive and co-founder, Ollie Gardener.
Finance Wales’s investment came from the Wales Technology Seed
Fund, which aims to provide technology start-ups with the financial
backing they need to commercialise innovative new products,
services and technologies. This is Finance Wales’ fourth investment
from this fund.
Economy Minister Edwina Hart said: “The Wales Technology Seed
Fund was set up to provide technology start-ups with the
financial backing they need to commercialise innovative new
products, services and technologies. This is Finance Wales’ fourth
investment from this fund and I am pleased to see how it is
supporting and helping technology companies like Noddlepod take
their innovative products to market.”
Finance Wales Investment Executive, Ann Casey, made the
investment in Noddlepod. She said: “Noddlepod is the result
of four years research and development. The software solves a real
problem in the marketplace and has the potential to dramatically
improve knowledge sharing and group learning. Finance Wales’
investment will enable Noddlepod to bring its software to market,
initially targeting Business Schools and leadership development
Corporate Solicitor at Greenaway Scott, Laura Herdman, advised
Noddlepod on the seed investment round. Speaking about this
investment Laura Herdman said “Noddlepod is an innovative, dynamic
product which has the potential to transform the way people share
information and learn in parallel. I am delighted to have been
involved in this deal and look forward to seeing Noddlepod develop
to its full potential as a result of this investment”
Following the investment, Noddlepod’s co-founders Ollie and
Stephen Gardener will now be joined in an advisory capacity by 3 of
the most inspirational and successful business executives in the
world of learning technologies.
Charles Jennings, Mary McKenna and Nigel Paine bring over 100
years combined experience of designing and implementing learning
technologies to the Noddlepod’s board of directors.
Charles Jennings is a leading thinker and practitioner in
innovative learning and one of the world’s leading experts on
building and implementing 70:20:10 learning strategies.
Technology entrepreneur and angel investor, Mary Mckenna
co-founded and built a successful online learning company called
Learning Pool on the back of a long public sector career, growing
an online community of 1 million learners along the way.
Nigel Paine is a change-focused leader with a worldwide
reputation and unique grasp of media, learning and development in
the public, private and academic sectors. He has extensive
experience in leadership and consultancy with public service
broadcasters, SMEs, global industry players, government and
Welcoming the trio to Noddlepod’s board, Ollie Gardener said:
“It’s a great pleasure to welcome such experienced individuals to
our board. We truly believe we can revolutionise community learning
and cannot think of a team better qualified to help us reach our