TLDR:
- Qubit Capital has facilitated $215 million in funding for over 64 startups since its launch in 2020.
- The platform uses AI-driven matchmaking to connect startups with investors, with recent successful deals including Swiipr Technologies, Spottitt, and iVent Pro.
Qubit Capital announced that it has revolutionized the way startups connect with investors by facilitating $215 million in funding for over 64 startups since its launch in 2020. Through its AI-driven matchmaking platform, Qubit has recently secured over $9 million for various startups in the second quarter of this year, helping them succeed in a competitive market. The platform’s expansion into the U.S. and Europe represents a significant milestone in its goal of democratizing access to venture capital for founders.
Some of the recent successful deals facilitated by Qubit Capital include Swiipr Technologies, a UK-based fintech and travel company that raised approximately $7.7 million from Octopus Ventures and TX Ventures, Spottitt, a satellite-based geospatial analytics company that secured $800,000 from Right Side Capital & 3 Angel Investors, and iVent Pro, a virtual events platform that received an undisclosed amount from Purple Ventures.
By utilizing data-driven insights, Qubit automates the matchmaking process between startups and investors, ensuring accuracy and efficiency. This approach is particularly beneficial for Seed, Series A, and Series B stages, with a funding round size ranging from $150,000 to $30 million. Co-Founder Mayur Toshniwal emphasized the challenges that startups face in securing funding in a virtual-first, remote work environment, and highlighted the platform’s rapid growth and effectiveness with recent successes. Co-Founder Sagar Agrawal expressed belief in AI’s ability to democratize access to investors globally, and expressed excitement about the platform’s expansion into Europe, the UK, and the US.
