The deal has been approved by both companies’ boards and is expected to close later in 2026, pending regulatory approval and other standard conditions.

The round was supported by Kima Ventures and Project Europe, alongside Purple, No Label Ventures, 100IN, and Station F Fund.

The round was led by Fundomo, with participation from Arm, Hudson River Trading, and Reed Hastings.

The $50 million Series C round was led by Insight Partners, with support from Meritech Capital and Dawn Capital.

The seed round was led by Felix Capital, with participation from Quiet Capital.

The round saw support from Trust for London, Resolution Ventures, Ufi Ventures, and Second Century Ventures.

The pre-seed funding round was led by Superhero Capital, with participation from Vladas Lašas.

The round was led by Molten Ventures, with participation from Hargreave Hale AIM VCT, and XTX Ventures.