SBI Financial Services acquired a minority stake in the digital asset trading firm to launch a strategic partnership.
"We expect a lot of synergies with B2C2, a firm which has a large number of clients globally and offers abundant liquidity, excellent price competitiveness, and a diverse suite of products for their customers. We will work to develop innovative new crypto products and deepen synergies across our group of companies."
— Yoshitaka Kitao, Representative Director, President & CEO
The seed round was led by the SidebySide EIS Fund to scale the company network and enhance its digital platform.
"There is no one place to go to find investment or to find investment opportunities – and there needs to be. With a single, central place, we can help start-ups thrive and investors get access to the best deals."
Mobeus provided £1m in growth capital to back the electric vehicle charge point manufacturer.
"We have a very clear philosophy, which meant finding the right investment partner, who really understood what drives us, was crucial. Going electric is a choice to embrace a sustainable future and we see EV chargers being at the centre of everyone’s smart energy home. This additional funding means that we are very excited about the next stage in our growth journey."
West Hill Capital led the oversubscribed follow-on investment to fund team growth and product expansion.
"One of our key goals is to eliminate all forms of rental deposits including £4.5bn of cash tied up in rental deposits and deposit alternative products by December 2021."