Linnovate Partners secured a $40 million funding commitment from SeaTown Private Capital Master Fund
May 13, 2024•over 1 year ago
Amount Raised
$40 Million
Investors
Sea Town Holdings International
Description
Singapore’s Linnovate Partners, a fintech company founded in 2016, has secured a $40 million funding commitment from SeaTown Private Capital Master Fund. The cash injection will enable Linnovate to further develop its offering and scale its operations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech