nr2 secures £22.4m in seed funding to accelerate growth and develop its AI-powered search engine.
The seed round was backed by Lord Rothschild and Sir Simon Robey to support international expansion and product development.
nr2 operates a cross-border data platform that helps investors and corporates identify and analyse promising start-ups in China and South Korea. Its technology provides AI-enabled insights and search capabilities to navigate Asian markets.
London-based cross-border investment platform nr2 has secured £22.4m in seed funding from backers including Lord Rothschild and Sir Simon Robey. The company will direct the capital towards accelerating growth, expanding its team of AI engineers and further developing its proprietary search engine. Founded in 2019, the firm provides businesses and investors with tools to identify and understand early-stage companies in South Korea and China, bypassing language and cultural barriers.
From the founder
"South Korea and China have witnessed a huge cultural, digital and economic transformation over the last decade, giving rise to the creation of disruptive businesses that the Western world needs to embrace now, or potentially miss out on."
Maxim Parr
Executive Chairman at nr2
Investor perspective
"Maxim and Jordan have developed a way to identify at an early-stage Asian companies that will have a global footprint in three years’ time. I look forward to seeing what nr2 is able to achieve with this investment."
Lord Rothschild
Lord Rothschild
Use of funds
- 01Grow the team
- 02Continue product development
