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Nivoda Raises $51 Million in Funding to Expand Marketplace for Diamonds and Gemstones
Nov 23, 2024•over 1 year ago
Contract Type
partnership
LondonE CommerceMarketplaceJewelryDescription
Nivoda, a leading digital marketplace and supply chain for the diamond industry, announced the raising of $51 million in funding to support the global growth of the world’s first transparent, efficient, and customer-focused diamond and gemstone supply chain. The funding round, led by new investor Northzone, aims to expand Nivoda’s marketplace beyond diamonds and gemstones to all jewelry, bringing Nivoda’s total raised to $96 million.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months