PreIPO to participate in $250m raise for SPiCE II


PreIPO, a provider of financial technology solutions, has entered a strategic funding alliance with SPiCE VC to enable the former to expand its tech.

PreIPO is now offering $250m investment in SPiCE II to investors that otherwise wouldn’t have access the fund.

Through this fundraising partnership, SPiCE II will be featured on the PreIPO Platform, with a robust data room including a suite of key due diligence and marketing tools – marking the first of many funds to be fully available for investment within the PreIPO ecosystem.

SPiCE II will also have access to the PreIPO network of industry experts, investors, and potential partners, as well as its experience in helping companies scale and succeed.

Structured as a “feeder fund,” the firm will provide investors unprecedented access to a premier venture capital fund in the blockchain and tokenization ecosystem that would normally be available to only a select few with a significant amount of capital to invest.

Through the collaboration of PreIPO and SPiCE VC, investors are able to access growth opportunities with SPiCE VC with much lower minimum investment requirements than a direct investment in SPiCE II.

PreIPO CEO and executive chairman David Grzan said, “This partnership represents a significant step forward for PreIPO and will help the company continue to push the boundaries of what is possible in the world of financial technology. We look forward to the exciting developments and growth that this partnership will bring.”

Asset-Map, a premier financial advice engagement experience for financial professionals, has raised $6m in Series B funding.

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