The artificial intelligence software platform has increased its credit facility to accelerate its buy and build strategy across Europe and North America.
"i80 Group has been a great partner, and this expansion reflects the performanceof our portfolio and the trust built between our teams,"
The London-based B2B marketplace has raised $60m in debt financing to offer flexible payment terms to jewellery retailers.
"Nivoda has raised $81 million in primary equity funding to date, including our most recent $35M funding round led by Northzone, which was announced last year."
The financing round was led by 645 Ventures and 3VC, with additional participation from QED Investors, NfX, and i80 Group.
"We’re thrilled to announce the successful close of our Series A funding round, which will enable us to continue building and expanding our suite of e-commerce tools,"