Smarkets Raises in Series B Funding

11 Jun, 2021

Smarkets Raises in Series B Funding
Photo by Dose Media on Unsplash

– Smarkets is a London UK-based provider of a betting exchange and prediction market platform.
– The company raised $30m in Series B funding.
– The round was led by Susquehanna Growth Equity (SGE), which joined existing investors Passion Capital and Deutsche Telekom.
– The new investment will be used to bolster SBK’s position in the UK mainstream betting market after its launch in August 2019, expand its reach in European countries, and accelerate its rollout in the US.

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