No code, low code tooling is HOT! Business strategy and developers are poised for greater productivity with deals across categories as funding increases for plug-and-play tools. This approach is spreading like wildfire. According to Fortune Business Insights, the global low-code development platform market is projected to grow from about $14 billion in 2021 to $95 billion by 2028, at a CAGR of 31.6% from 2021 to 2028. Watch closely for more deals in this opportunity sector as we head into summer.
Some notable trends this week:
- Finmap.online, a Ukraine-based startup, received $1M in funding this week; welcome back Ukrainians to the startup scene!
- This week’s #2 (Chiliz), showcases the growing trend of using blockchain in the sports and entertainment industry to convert and cash out currencies as borders no longer restrict events or fans.
- Blockchain funding was substantial this week, with awards in sectors such as education and healthcare; the key takeaway is- blockchain isn’t only for FinTech and money.
Up next are this week’s Top 5 VC Deals…
1Core Scientific
$70M, Capital | Debt| Texas | Crypto | B. Riley Commercial Capital | https://corescientific.com/
LinkedIn Overview:
“Infrastructure to Power the World’s New Financial System | A leader in high-performance, blockchain infrastructure, and software solutions. $CORZ”
2Chilz
$50M, Capital | Equity | Malta| Blockchain | Jump Crypto | https://www.chiliz.com/
LinkedIn Overview:
“Chiliz is the world’s leading blockchain fintech provider for sports & entertainment and developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency.”
3Student Finance
$41M, Series A| Equity & Debt| Spain | FinTech | Iberis Capital, Armiliar Venture Partners, Mustard Seed Maze, Giant Ventures, Seedcamp, Tom Blomfield, Ed Vaizey, SmartLenders Asset Management | https://www.studentfinance.com/es
Website Overview:
“A career mobility platform to support upskilling into the most in-demand market sectors, through data insights for career choice, flexible financing and matching with education programs and employers…”
4Sesamm
$37M, Series B2 | Equity | France | FinTech | Opera Tech Ventures, Elaia, Carlyle Group, Unigestion, Elevator Ventures, AFG Partners, CEGEE Capital, New Alpha Asset Management | https://www.sesamm.com/
LinkedIn Overview:
“SESAMm enables companies to extract critical insights from the internet with AI. We provide ESG, sentiment, and thematic analytics by analyzing over 20 billion articles and messages using natural language processing. Our clients are major private equity firms, investment managers, and global corporations.”
5Pagos
$34M, Series A | Equity | Delaware| FinTech | Arbor Ventures, Infinity Ventures, Underscore VC, Point 72 Ventures | https://pagos.ai/
LinkedIn Overview:
“Pagos is merchant centered, data powered, and tech enabled. We’re here to reduce payments complexity, drive better performance and revenue growth, and foster a community of learning across the payments industry. Our core team has 50+ years of collective experience in financial technology, and our mission is driven by what we have learned…”
