Funding

£150 million Expansion Plan for SEC Global Event Campus

Hot on the heels of the hugely successful development of The SSE Hydro, Shackleton investee, The Scottish Event Campus (SEC) has applied for planning permission in principle for a major expansion of its facilities with a vision to create a unique global event campus capable of taking the World’s top conferences, exhibitions and events. The £150-£200m project includes a dedicated entrance to the west of [...]

2019-04-11T08:27:42+00:00November 15th, 2018|Categories: Funding, News|Tags: |

Clark breaks European insurtech financing record with US$29M Series B round

Insurance-robo-advisor Clark today announced the closing of a US$29 million financing round, the largest Series B financing of any European insurtech to date, led by FinTech investor Portag3 Ventures and transatlantic fund White Star Capital. Existing investors, including Coparion, Kulczyk Investments and Yabeo Capital, also invested new funds in the Frankfurt and Berlin-based company, bringing total financing to date to US$45 million. Shackleton investee, FinLeap, [...]

2019-04-11T08:28:37+00:00April 25th, 2018|Categories: Funding, News|Tags: , , , |

solarisBank raises $70 million from Visa, BBVA, and others

Berlin-based banking platform raises EUR 56.6 million (USD 70.1 million) BBVA, Visa, Lakestar and ABN AMRO DIF to join as strategic investors Current investors Bertelsmann subsidiary, Arvato Financial Solutions and Japanese SBI Group re-invest solarisBank was formed by Shackleton-backed FinLeap two years ago, with FinLeap remaining the leading shareholder   Berlin, 08/03/2018 – solarisBank, the first banking platform with a full banking license, has successfully [...]

2019-04-11T08:29:32+00:00March 8th, 2018|Categories: Funding, News|Tags: , , , |

FinLeap Raises €39 million

Press Release 41 Charlotte Square Edinburgh, EH2 4HQ 17 July 2017 Shackleton is delighted to confirm today that FinLeap has closed a €39 million funding round led by international investors, including German insurer Signal Iduna Group, the SBI Group from Japan, and the Dutch Bank NIBC.  German reinsurer Hanover Re also invested further in the round, thereby cementing their ongoing trust in the cooperation [...]

2019-11-26T16:30:57+00:00July 17th, 2017|Categories: Funding, Press Release|Tags: |
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