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 as shareholders in its latest announcement.
Thrilling, a US-based second-hand marketplace, has raised $8.5m in a series A round backed by Congruent Ventures, the venture capital firm aligned with University of California. The round was led by Prelude Ventures and also included DLA Piper Venture, a vehicle for law firm DLA Piper, Defy, Urban Us, Closed Loop and Phoenix Rising.
Backer, a US-based social savings platform, has procured…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
