Fabric Ventures Closes $140M Venture Fund, and Announces First Close of Growth Fund
- 2 years 5 months ago
- Fundraising News
Fabric Ventures, the Web3 venture contributor, has announced the final close of a $140m Venture Fund — twice the original target and more than $30m above the original hard cap. They are simultaneously announcing their first close of a new Growth Fund, targeting a final fund size of an additional $100 million. Fabric Growth provides capital to support innovative web3 founders in their expansion and scaling, doubling down on initial venture... more
Florence Raises $35 Million (£28.5m) to Revolutionise Social Care Staffing
- 2 years 5 months ago
- Fundraising News
Florence, the UK-based tech innovator for social care, announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care in the UK and multiple international markets, and to expand its services beyond elderly care. The Series B round was led by Axa Venture Partners with participation from Roo Capital and existing backers SEEK Investments.
KredX Enters Export Financing
- 2 years 5 months ago
- Fundraising News
KredX, India's largest supply chain finance platform, today announced the expansion of its services into post-shipment export financing with KredX Global Trade. Through this new offering, the company aims to empower businesses and their trade partners to have quick, digital and collateral-free access to liquidity against their receivables at competitive market rates.
Kroo Closes Series B After Raising £26 Million
- 2 years 5 months ago
- Fundraising News
Kroo has just closed its most recent funding round, successfully raising £26 million. This round of funding has had incredible results with over 60% of investors reinvesting, showcasing their belief in the Kroo vision.
Financing Platform Launches in UK to Fuel Start-up Growth and Raises £2.5M in Pre-seed Funding
- 2 years 5 months ago
- Fundraising News
Debite, the dynamic financing platform for early-stage companies, has today announced its UK launch with a mission to help businesses more effectively manage their cash flow and maximise their growth potential.
Synaptic Raises $20M in Series B Funding Round from Valor Equity Partners
- 2 years 5 months ago
- Fundraising News
Synaptic, a leading alternative data insights start-up, announced today the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers.
27/05 – Weekly Investment & Fundraising News
- 2 years 5 months ago
- Fundraising News
Dallas Venture Capital LLC (“DVC”) Announces Closing of $80 Million Early-stage B2B SaaS Fund II in the US
Creditspring has Raised £48 Million to Improve UK Financial Stability
- 2 years 5 months ago
- Fundraising News
The money will help more members avoid high-cost, unethical lenders and manage their finances throughout the UK's cost-of-living crisis. One in six (16%) UK adults will need to borrow in the next months, according to Creditspring. Creditspring wants to provide £100 million in fixed-cost subscription loans to its users by 2022. In 2021, £25 million was lent.
Kapaga Raises £1.5M in Seed Round Led by Target Global
- 2 years 5 months ago
- Fundraising News
Kapaga, the UK-based cross-border payment platform for small and medium enterprises (SMEs), has announced a £1.5m funding round led by Target Global and with participation from well-known angel investors in the fintech space, Chris Adelsbach, Andreas Mihalovits, and Mark Ransford.
WSO2 Completes $93 Million Series E Growth Funding Round
- 2 years 5 months ago
- Fundraising News
WSO2, the leader in digital transformation technology, today announced that the company has completed its Series E funding round with the addition of RedStart Labs (India), a subsidiary of
Dallas Venture Capital LLC (“DVC”) Announces Closing of $80 Million Early-stage B2B SaaS Fund II in the US
- 2 years 5 months ago
- Fundraising News
DVC today announced the closing of an oversubscribed $80 million fund (the target amount was $75 million) and is set to become one of the largest technology-focused funds to operate out of Dallas, Texas, USA. DVC is also currently raising a separate fund in India, DVC India Fund 1, to provide opportunities to Indian investors and has raised $20 million of its $50 million target.
Bitcoin Fintech Relai Raises €2.16M in Latest Funding Round
- 2 years 5 months ago
- Fundraising News
Hugely successful round has seen €2,159,470 invested by the Crowdcube community and private investors Relai marks the first time Crowdcube has played host to a fully regulated bitcoin fintech Relai has plans to scale its user base and add a number of features to its popular app
Fintech Previse Raises USD 18 Million in Series B Funding to Accelerate the Transformation of SME Working Capital Finance Globally
- 2 years 5 months ago
- Fundraising News
Previse today announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs. The round was led by Tencent, a global leading technology company, along with participation from existing investors including Augmentum Fintech and Reefknot.
ADDX raises US$58M from Thai Stock Exchange, UOB and others
- 2 years 5 months ago
- Fundraising News
Private market exchange ADDX has raised US$58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane and
Fintech Lender Creditspring Raises £48M to Boost its Mission to Improve Financial Stability Across the UK
- 2 years 5 months ago
- Fundraising News
Fintech lender, Creditspring, today announces that it has raised £48 million to supercharge its mission of improving financial stability across the UK.
