The investment round was co led by CommerzVentures and Octopus Ventures with participation from J.P. Morgan.
"Data analytics is becoming an integral part of every industry and the capital markets are no different. We will soon be at a position where it is a prerequisite for performance in the markets. This presents a huge opportunity for Mosaic Smart Data, which has built a platform which sets the gold standard for capital markets analytics. We are thrilled to be part of Mosaic Smart Data’s journey."
China Renaissance Capital Investment backed the Series A round to support business expansion in China and Northern Europe.
"In China, the demand for imported consumer goods, such as mother and baby care products, are growing strongly driven by increasing consumption power and desire for authentic and differentiated products"
The investment extension was led by Harwell Capital to support expansion into new digital media sectors.
"Harwell has been a hugely supportive investment partner, who provide far more than cash alone to the company. They understand our vision and objectives and bring significant advice and acumen to ensure we can execute on our continued growth plans in a most exciting market."
