Detected, a fintech specialising in global business onboarding, raised £2.5 million from investors including Thomson Reuters’s venture arm and London-based Love Ventures as part of an ongoing seed round totalling £6 million. Detected will use the funding to grow in the U.S. and focus on product innovation. (The Logic)
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Detected, a fintech specialising in global business onboarding, raised £2.5 million from investors including Thomson Reuters’s venture arm and London-based Love Ventures as part of an ongoing seed round totalling £6 million. Detected will use the funding to grow in the U.S. and focus on product innovation. (The Logic)
Talking point: Thomson Reuters Ventures said the investment will complement its “Know Your Business” strategy. Thomson Reuters Ventures, a US$100M VC fund, was launched in October 2021 to primarily invest in Series A and B rounds for companies focused on legal, tax and accounting, media, compliance and reducing risk and fraud services. Among other deals, the fund backed Ledgible, an Atlanta-based crypto tax and accounting platform, in June 2022 as its first investment.
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