Funderbeam secures £32m investment led by VentureWave to scale its private asset platform
VentureWave is taking a strategic majority stake in Funderbeam as part of a £32m investment backed by Mistletoe, Draper Associates, and Kaidi Ruusalepp.
Funderbeam operates an angel investing and trading platform designed to facilitate cross-border venture deals and provide liquidity for private assets. The firm holds investment firm licences across the UK, Estonia, and Singapore.
Funderbeam has secured £32m in investment led by VentureWave, which will acquire a strategic majority stake in the company. The funding round includes participation from Mistletoe, Draper Associates, and Kaidi Ruusalepp. The capital and resources contributed by VentureWave, including its Vestiver platform, will support the expansion of Funderbeam to serve institutional clients alongside its existing angel networks, targeting the full life cycle of global venture investments and secondaries.
From the founder
"This transaction creates a powerful platform to fast forward Funderbeam’s vision which is to serve venture investments across borders and create a unique secondary market for private assets. The timing of the transaction couldn’t be better – we are strong at a time when the market is ready for our solution"
Kaidi Ruusalepp
Founder and CEO at Funderbeam
Investor perspective
"VentureWave’s investment in Funderbeam is a game-changer for the industry, shaping the future of venture markets and enabling access to global venture deals and secondaries. Together, we have the necessary assets, technology, and capital to take on the entire venture investment life cycle. This represents a transformative moment to put impact at the centre of the investment industry"
Alan Foy
Chairman, VentureWave
Investors
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About the company
Funderbeam
Funderbeam operates a global angel investing and trading platform for private assets.