Fintech TRIVER has raised £2.5m to support their business development by providing more working capital finance for UK SMEs. The new funding was securred from the existing TRIVER investors.
The £2.5m new funding represents a convertible bridge loan that builds on an initial £7m equity funding announced in April 2023 (investors: Stride VC, Andreessen Horowitz, Axeleo Capital, Motive Partners, and Sequoia Capital) and a £20m debt facility agreed last year with Avellinia Capital, a Luxembourg-based company.
