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Singapore-based marketplace lending company iLex has secured a $4.5m investment, which was led by QBN Capital. The funds will help iLex accelerate its product roadmap and client acquisition across Asia Pacific, Europe and the Middle East and Africa, according to a report from Technode Global. Capital will also be used to hire more staff. iLex designs, builds and operates
Fundraising is only a part of a much larger process. While it provides some short-term validation and buzz, it does not guarantee actual success.
Una Brands has secured $12.3 million in debt financing from Northstar as part of its recent round.
The round was backed by venture investors Wavemaker Partners and SEEDS Capital.
Six of the eighth cohort startups have at least one female founder.