Provable Markets Raises $8 Million in Funding to Scale Product Offering and Expand Network

Provable Markets' Series A Funding

Key Highlights:

• Series A Funding: Provable Markets, a provider of technology solutions for Securities Finance, raised $8 million in Series A funding.
• Investors: Funding round led by Dialectic Capital Management, with participation from Inkef Capital and Anthemis.
• Product Scaling: Funds will be used to scale the product offering and network.

Provable Markets' Target Market

• Target Market: Securities Finance industry, including market participants involved in securities lending and trading.
• Financial Institutions: Banks, asset managers, hedge funds, and other financial institutions engaged in securities finance activities.
• Securities Lending Service Providers: Companies providing securities lending services and solutions.

What Provable Markets Needs to Buy

• Technology Development: Investment in technology development to enhance their front, middle, and back-office solutions for Securities Finance.
• Partnerships and Collaborations: Collaborations with industry players to expand their network and enhance their product offering.
• Market Expansion: Marketing and sales efforts to reach potential customers and expand their market presence.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.