Motley Fool Ventures partipcated in a first close of undisclosed size for the online investment platform developer, which aims to raise $36m.

US-based online investment platform developer Republic closed the first tranche of a $36m series A round yesterday featuring Motley Fool Ventures, the strategic investment arm of financial information provider The Motley Fool.

The round was led by Galaxy Interactive, a subsidiary of digital asset-focused merchant bank Galaxy Digital, and it included Tribe Capital and Broadhaven Ventures. It took the total raised by Republic and its subsidiaries past $70m, the company said.

Prosus Ventures, a corporate venturing vehicle for media and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.