Sunday, December 15, 2024

PrimaryBid: Raises $190M in Series C Funding

PrimaryBid Raises $190M in Series C Funding

  • PrimaryBid, a London, UK-based fintech platform that provides retail investors with fair access to public markets, raised $190M in Series C funding
  • The round was led by SoftBank, via its Vision Fund 2, with participation from Molten Ventures and other previous unnamed investors
  • The company is a regulated capital markets technology platform connecting public companies to their communities during fundraisings
  • The platform was used for the UK IPOs of Deliveroo, PensionBee and the US IPO of MCG Group (Soho House) in 2021, which used Primary Bid to provide access to its UK members
  • The company has become fully regulated in the European Union, launched alongside Euronext in France in June 2021

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