“Ambitious” Sheffield tech startup takes on Microsoft and Google via scale-up investment
Startup business accelerator TwinklHive has announced its investment in Papermill, a new tech startup based in Sheffield.
Founded in 2018, Papermill exists to help streamline the document creation process and avoid frustrating formatting errors such as “white gaps”.
The core principle behind the startup is to minimise time spent formatting, so that customers can focus on what they need to write. “All the writer needs to do is enter the text and Papermill will form the document”.
David White, Papermill CEO, commented: “Papermill is reimagining the way we create and share documents - we’re using the latest technology to challenge industry giants like Microsoft and Google.”
“This investment from TwinklHive is fantastic news for Papermill and the wider startup ecosystem. Twinkl is an incredible Sheffield tech success story, and we’re delighted to become part of the TwinklHive family.”
“This investment will allow us to bring together a talented team to build an exciting and incredibly ambitious startup that will compete on the international stage.”
“As well as the funding, we’ll be joining the TwinklHive Community of successful startups - having that sense of community and support during the early stages of a business is priceless.”
TwinklHive was created by Sheffield educational publisher Twinkl at the tail end of 2019, with the goal of helping mission-led startups to scale and disrupt the technology sector. Since it began, Twinklhive has invested in 20 businesses.
David Angrave, chief operating officer at Twinkl and investment director of TwinklHive, said: “We are really excited to offer an investment opportunity to Papermill. I can’t wait to get started in supporting David as he expands the Papermill team and their offering.”
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