Ark Kapital

2022 Series A Fintech Raised $182,000,000
Industry
Fintech
Stage
Series A
Raised
$182,000,000

Company Overview

Ark Kapital is a data-driven precision financing company that helps early-stage startups thrive by providing long-term loans while keeping founders in control and lowering the risk for investors.The Swedish-based startup, which was launched in 2021, analyses the financial health of early-stage tech businesses using AI and machine learning and provides precise loans based on their performance.Ark Kapital announced that it has raised $182 million in a mix of debt and equity funding. The round was led by Local Globe, with participation from Creandum and angel investors including Supercell CEO Ilkka Paananen, iZettle founder Jacob de Geer, and EQT Ventures founding partner Hjalmar Winbladh.According to the company, the new capital will be used for investing in promising companies, RD, and doubling the 20-person team within 2022.

Business Model

Other

Customer Model

B2B

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