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Amount Raised
$4.5 Million
Round Type
Series A
Description
UNL, a Singapore-based micro-location infrastructure and new generation mapping technology startup, has raised $4.5 million in a pre-series A round to accelerate the development of the Internet of Places and expand operations in Southeast Asia, the Middle East and Africa.
Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations