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Primary Portal, a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, has completed the first stage of its £7.5 million Series A funding round led by the venture capital arm of Deutsche Börse.
DB1 Ventures was joined by existing shareholders Dutch Founders Fund and Flow Traders in the raise for Primary Portal, the London-based startup founded by equity capital markets veterans John Bentinck and Ilan Leshem.
Stefan Maassen, head, capital markets and corporates, Deutsche Börse, says: "By digitising communication and workflows, Primary Portal paves the way for efficient connectivity between asset managers and banks in equity issuances, improving the process for companies to raise capital."
