Qubit Capital announced it has made a significant impact by transforming how startups connect with investors. And through its AI-driven matchmaking platform, Qubit secured over $9 million for different startups in recent funding rounds in the second quarter of this year, enabling them to thrive in a competitive market.
Qubit Capital’s expansion into the U.S. and Europe marks a milestone in its mission of democratizing global access to venture capital for founders. The platform facilitated $215 million in funding for 64+ startups since launching in 2020. The recent deals facilitated through Qubit include
– Swiipr Technologies – This UK-based fintech and travel company raised approximately $7.7 Million from Octopus Ventures, UK, and TX Ventures, Switzerland.
– Spottitt – This is a satellite-based geospatial analytics company that secured $800,000 from Right Side Capital & 3 Angel Investors.
– iVent Pro – This is 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 precision and efficiency. And this approach is especially beneficial for Seed, Series A, and Series B stages, with a round size in the range of $150,000 – $30 million.
KEY QUOTES:
“Startups face immense challenges in securing funding, especially in a virtual-first, remote work environment. Our AI-powered platform provides startups with the tools they need to connect with the right investors and secure crucial funding. Our recent successes with Swiipr Technologies, Spottitt, and iVent Pro highlight our platform’s rapid growth and effectiveness.”
- Mayur Toshniwal, Co-Founder of Qubit Capital
“We believe AI can democratize access to investors worldwide, breaking down barriers regardless of background or location. Our global expansion into Europe, the UK, and the US excites us, and we are eager to support startups in these regions.”
- Sagar Agrawal, Co-Founder of Qubit Capital
