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Qumata Closes $10M Series A Funding

– Qumata (fka HealthyHealth Group), a London, UK-based life and health insurance underwriting tech company, closed a $10m Series A financing. – The round was led by MMC Ventures with participation from AdirVentures and a number of other family offices, as well as existing investors including TMT Investments PLC. – The company intends to use the funds to accelerate global expansion of the current offering, after launching the product commercially with multiple large, listed insurers in Europe, Asia Pacific, the UK and North America.