Santander's newly-spun out venture capital arm Mouro Capital has joined the investor consortium of Europe-focused startup loans provider Uncapped.
UK-headquartered startup loans provider Uncapped has pulled in $26m in a round led by Mouro Capital, the venture capital unit spun off from banking group Santander.
Global Founders Capital also took part together with Iron Ventures, Seedcamp, White Star Capital and assorted angel investors.
Santander announced earlier this month it would spin out Mouro Capital with a $400m investment budget, doubling its previous commitment. The fund was previously called Santander InnoVentures.
Founded in 2019, Uncapped offers loans to startups…
