Finance

Nested nets £120m in equity & debt raise

By 2018-11-13T09:32:00

Matt Robinson Nested

Online agent Nested has secured £120m in new funding, to mark the largest investment in a UK proptech company this year via a combination of equity financing and debt.

The proptech firm founded by fintech entrepreneur Matt Robinson has secured £20m in equity investment from venture capital funds Northzone, which also backs Spotify, and Balderton Capital, backers of Betfair. Alongside this the “chain-free” online agent has secured £100m debt financing from an existing institutional investor.

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