In reaction to these latest developments, Red61 CEO and founder Tony Davey has commented: "Securing any funding during a pandemic that has had a huge effect on our industry was always going to be a challenge. Completing this late seed funding round is validation of what the team at Red61 has achieved and shows the confidence that our funding partners have in what we’re doing and where we’re taking the company." The late seed funding round was led by venture capitalists Par Equity in partnership with the Scottish Investment Bank. Paul Atkinson, founding partner of Par Equity said: