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Unl Raises $4.5M Pre-Series A

PRIVATEJan 19, 2022over 4 years ago

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.

Company Information

Company

Unl

About

The new funding comes over a year after the startup raised $2 million in 2020 from HERE Technologies, SGInnovate, Elev8.vc, Venturerock, and the US-headquartered global venture capital fund SOSV.

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Funding Insights

Based on industry data
Typical 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

Unl raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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