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Announced

Completed

VentureWave led a $40m investment round in Funderbeam.

Financials

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Transaction Value£31m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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funding platform

Single Bidder

Completed

Private Equity

Online and Social Platforms

United Kingdom

trading platform

Acquisition

Cross Border

Private

Majority

Friendly

Synopsis

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VentureWave, an Irish-based venture private equity group, led a $40m investment round in Funderbeam, an investing and trading platform, with participation from Mistletoe, Draper Associates and Kaidi Ruusalepp. “VentureWave’s investment in Funderbeam is a game-changer for the industry, shaping the future of venture markets and enabling access to global venture deals and secondaries. Together, we have the necessary assets, technology, and capital to take on the entire venture investment life cycle. This represents a transformative moment to put impact at the centre of the investment industry,” Alan Foy, VentureWave Chairman.

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