The seed round was backed by Seaya Ventures, Speedinvest and SIX FinTech Ventures to support international expansion and team growth.
"After exiting the last business we kept getting pulled towards FinTech. With our backgrounds in SaaS and operating in the FinTech space, many opportunities came to us from banks, startups and big brands. We kept seeing the same problem, and no solution in the market. Regulation has changed and Banking-as-a-Service provided the plumbing for new solutions, but everyone was still building solutions from scratch. It felt like the same situation that has occurred again and again in the software industry before a new sector emerged, and we had an opportunity to be a first-mover to deliver a meaningful solution, with FinTech SaaS."
Speedinvest and business angels backed the pre-seed round to support platform growth and US expansion.
"Tulipshare is truly a first of its kind platform. Our goal is to give a voice to the everyday individual, to encourage retail investors to rethink their investment strategies. We want to shine a spotlight on the global issues no other investment platform has done to date, and, in turn, truly make progress in fighting the injustices committed by major corporations where, traditionally, major decisions are kept to a handful of individuals."
The funding round was led by Speedinvest to support the development of novel micro-LED production methods.
"It’s an entirely new engineered GaN material platform to build semiconductor devices on. It offers performance improvements that are suitable for mass production, scalable in wafer size – and crucial for the next generation of microdisplay devices such as AR glasses."
The seed round was led by Index Ventures with participation from existing backers and a research contract from Innovate UK.
"We founded Sylvera because we believed that in order to reach net zero, the world will require a well-functioning and scalable carbon offset market. Such a market will only work if all participants can trust in the projects they are trading. Currently, carbon offsetting is a very opaque market with little independent assurance available to guarantee an offset has taken place. The market also lacks the transparency companies need to compare projects globally across different standards,"
