Claimer, a FinTech startup seeking to make it frictionless for firms to claim financial incentives from the government, has raised $4.2m in a seed round.
The round was led by Project A Ventures, with participation from Moonfire Ventures, helloworld.vc and several angel investors.
To date, governments set aside billions in innovation incentives for startups and scaleups globally, but often the barriers to accessing them can be high.
Whether it’s securing tax credits, grants or local tax reliefs of any kind – applying for them can be difficult. The eligibility criteria and application process can often be time-consuming and complex and require specialist knowledge that firms do not have.
By building accessible government financing infrastructure, Claimer claims it can make the experience of claiming innovation incentives much easier.
By simplifying the inefficient data entry and communication inefficiencies of R&D tax credits and grant applications, customers have more time, focus and money to build their business.
Adam McCann – CEO of Claimer – explained “We are building Claimer to be the de-facto way for startups and scaleups to claim incentives from the government, starting with R&D tax relief.”
Kafene, a digital platform helping merchants offer flexible lease-to-own (LTO) financing options, has raised $18m in Series B funding.
Kafene said its lease-to-own agreements are free of debt and structured in a way that is simple, consumer-friendly and transparent.
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