Mexican challenger bank Fondeadora adds $14 million to its Series A
– Fondeadora, a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round.
– The round was extended by Portag3 and joined by Google’s Gradient Ventures, an existing investor in the company.
– Gokul Rajaram and Anatol von Hahn are investing as business angels as well.
– Y Combinator, Scott Belsky, Sound Ventures, Fintech Collective and Ignia also participated in the first tranche of the Series A.
Republic Announces $36M Series A to Democratize Access to Investing for Everyone
– Republic, a leading investment platform, announced today it has completed the initial closing of its $36M Series A fundraising.
– The round was led by Galaxy Interactive with participation by Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures.
– In addition, Prosus Ventures (formerly Naspers Ventures) made a strategic investment in Republic through a purchase of Republic Notes, a novel digital security.
– Founded in 2016, Republic and its subsidiaries have raised more than $70 million to fund their ventures.
– Republic was founded on the principle that sought-after investment opportunities should not be limited to small, closed networks of investors, and that people should be able to invest in the future they believe in.
– On the Republic platform, anyone can invest across startups, real estate, crypto, gaming, and small businesses.
Stokr Raises Over €3.9M in Pre-Series A Funding
– Stokr, a digital marketplace for alternative assets, raised over €3.9m in total pre-series A funding.
– Backers included Borderless Capital, Utopia Genesis Foundation, and G1 Ventures.
– The company plans to scale up its investment platform.
Baseload Capital Closes $25M Equity Funding Round
– Baseload Capital from Sweden specializes in funding the deployment of heat power worldwide.
– The company closed a $25m round.
– Chevron Technology Ventures acted as a new strategic investor.
– The company intends to use the funds to accelerate deployment in its key markets.