Tech Company Financing Transactions
Ferovinum Funding Round
Ferovinum, based in London, secured $23.4 million from Notion Capital, Semapa Next and private investors.
Transaction Overview
Company Name
Announced On
9/20/2024
Transaction Type
Venture Equity
Amount
$23,400,000
Round
Series A
Investors
Notion Capital (Lead Investor) (Jos White)
Proceeds Purpose
This new funding will enable the company to enter new markets and broaden its product set across funding and the supply chain.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
46A Carnaby St., Carnaby
London, W1F 9PS
UK
London, W1F 9PS
UK
Phone
Website
Email Address
Overview
Ferovinum is a platform that uses technology to provide wine & spirit producers, distributors and merchants with inventory financing structures previously reserved for large commodity producers and traders. We believe that the finance industry has been limited in its ability to lend to the wine & spirits sectors given the fragmentation of independent enterprises and challenges of controlling and valuing inventories. The solutions offered by Ferovinum will allow the sector to release capital tied up in inventories, freeing it to grow and prosper.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mitchel Fowler
Chief Financial Officer
Daniel Gibney
Chief Financial Officer
Kerrie Sample
Chief Operating Officer
Alex Shaw
Chief Technical Officer
Ho Lai
VP - Bus. Development
Max Noble
VP - General Counsel
Kirsten Polyansky
VP - Product Management
Zhi Huang
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