Unicorn Nest news
Numan Raises $40M in Series B Funding
– Numan is a digital platform for men’s health.
– Company raised $40m in Series B funding.
– The round was led by White Star Capital, with participation from existing investors Novator, Vostok New Global, Anthemis Exponential and Colle Capital, and new investor Hanwha Dream Fund.
– The new investment will be used to continue to expand operations and its business reach, as well as the therapeutic areas it covers.
Unicorn Nest news
Tech-driven Butternut Box eats its own dog food — raises $55.4M to scale up
– Butternut Box, a London-based fresh dog food business, raised $55.4m funding.
– The round was led by L Catterton and joined by White Star Capital, Five Seasons Ventures and Passion Capital.
– The company bills itself as a “human-grade, fresh dog food company” with a “personalized dietary offering” driven by its own tech platform.
Unicorn Nest news
Uncapped Raises $80M in Funding
– Uncapped from London develops a platform for online companies to fund their growth and inventory costs.
– The company raised $80m in funding.
– The round was led by Lakestar with participation from existing investors (which include Mouro Capital, Global Founders Capital, White Star Capital, Seedcamp, and All Iron Ventures).
– The new capital will be used to expand the company’s business reach with a host of new products and services due to launch in the near future, to increase its headcount from 35 to 100 people by the end of the year, with a particular focus on engineering and product roles.
Unicorn Nest news
Percent raises $12.5M Series A to develop more efficient alternative investment markets
– Cadence, the private investing platform changing the landscape of the $800 billion private credit industry, announces its rebranding as Percent and the raising of $12.5 million in Series A funding in a round co-led by White Star Capital and B Capital
– Launched in 2018 as Cadence, the premier private credit investment platform, the company brought a unique fixed income investment product to individual and institutional investors.
– By early 2021, Cadence had over $400m in investments structured and issued across its investor platforms, with more than 200 deals closed and over $6m in interest disbursed to investors.
Unicorn Nest news
Borrowell Raises $25M in Funding
– Borrowell is a Toronto, Canada-based credit education company.
– The company raised $25m in funding.
– The round was led by Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund.
– Existing investors Portag3 Ventures, White Star Capital, National Bank of Canada’s NAventures and Equitable Bank also participated with new funding.
– The new funding will be used for the acquisition of Refresh Financial, a provider of credit to underserved Canadians, and to support future growth.