Pontoro – a financial technology company creating a proprietary and structurally differentiated platform intended to unlock greater access to institutional-grade private market real assets – recently announced the completion of a $4.6 million Seed II funding round led by Ulu Ventures, with participation from Illuminate Financial, Nevcaut Ventures, W11 Capital, and more.
This oversubscribed investment round (at a significant increase in valuation from the previous round) endorses Pontoro’s mission to unlock liquidity in the project finance space. And Pontoro will use the funding round to develop further its technology solution that is intended to provide enhanced customization, pricing, and liquidity to market participants.
The company is expecting to announce soon an expanded leadership team of more seasoned executives across finance and technology. It is continuing discussions with institutional participants involved in advancing and adopting the solution and its capabilities.
KEY QUOTES:
“The additional funding is a testament to our team, technology, and the corporate infrastructure we have built since our first seed round. Our investors’ confidence underscores the strength of our patented technology solution and our top-notch international legal, regulatory, and tax strategic partnerships.”
— Antonio Vitti, CEO and Co-Founder of Pontoro
“Pontoro is poised to become the first technology solution for the pressing need to unlock access to investment in infrastructure financing. It will be a sophisticated technology solution led by a seasoned and highly respected team of both finance and technology experts, and we are excited about its potential to vastly improve market dynamics.”
— Clint Korver, Cofounder and Managing Director of Ulu Ventures
“The new world of financial markets infrastructure requires technology solutions such as the platform the Pontoro team is building. Pontoro brings a depth of understanding across traditional finance and decentralized finance that can create exceptional value, and we are pleased to continue to support its mission.”
— Luca Zorzino, Partner and Head of Asia at Illuminate Financial
