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Twinco Capital Raises $12 Million Led By Quona Capital

PRIVATEJan 25, 2023over 3 years ago

Amount Raised

$12 Million

Community of MadridE CommerceRetail

Investors

Zubi CapitalFinch CapitalMundi VenturesWorking Capital Innovation FundQuona Capital

Description

Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced today it has closed a $12 million equity and debt round. The investment was led by Quona Capital, and included participation from Working Capital Innovation Fund, as well as existing investors Mundi Ventures and Finch Capital. Zubi Capital provided the venture debt portion. The funds will be used to accelerate the company’s expansion within the major sourcing countries and strengthen its technology and data capabilities, in particular in relation to ESG

Company Information

Company

Twinco Capital

Location

Community of Madrid, Spain

About

Twinco "cracked the supply chain finance code" - by finally providing a solution that includes Purchase Order financing. We combine technology and privileged access to data to assess performance risk, allowing us to fund both small and large suppliers across the world, from the moment they receive a purchase order until final invoice payment. It is a unique model that significantly reduces financing costs and improves supply reliability, with benefits for both suppliers and buyers. Twinco has already funded millions of purchase orders for suppliers of European corporates. Small and medium sized companies located in Bangladesh, China, Hong Kong SAR, Pakistan, South Korea, Turkey, Vietnam, Indonesia and Bulgaria were able to leverage on the strength of their commercial relationships to reduce costs and increase sales. Many more are signing up, from all around the world. However, we are just starting... We will continue to grow until we truly transform the way global production is financed. Our mission is clear: to give producers all over the world access to affordable working capital, fostering competitive global production networks and empowering companies to be the motor of inclusive growth and improved livelihoods.

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Funding Insights

Based on industry data
VC-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

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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