Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Cardlay, a Denmark-based corporate credit card and expenses management platform, has raised €8m ($9.7m) from venture capital firm Global PayTech Ventures. Cardlay secured $10m in funding from Seed Capital, a strategic affiliate of Technical University of Denmark-owned PreSeed Ventures, financial services firm SEB Bank’s SEB Venture Capital and unnamed backers in November 2019. Seed Capital and SEB Venture Capital injected $5m in January 2018, after Seed Capital had invested in August 2016. Cardlay identified both PreSeed Ventures and Seed Capital…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
