Amsterdam-based fintech Duqu has raised €1.5 million in pre-seed funding to help businesses access working capital tied up in outstanding B2B invoices. The round was led by Curiosity VC and No Such Ventures.
- Founded in 2025 by Maas de Goede, Victor Brouwer, and Diederik Nassenstein, Duqu provides short-term advances against outstanding invoices, allowing businesses to access funds within 24 hours while retaining ownership of their invoices and control of their customer relationships.
- The company aims to address cash-flow challenges caused by delayed invoice payments, which can leave businesses waiting weeks to receive money for completed work while still covering expenses such as salaries, inventory, and growth.
- Duqu uses an AI-powered underwriting engine to assess invoices and automate around 95% of the credit assessment process. The company is also making the technology available to other financial services providers, including banks, lenders, and leasing companies, as a white-label solution that can be configured according to their own credit policies.
Details of the deal
- The fresh capital will be used to scale Duqu’s working capital platform and further develop its AI-powered underwriting technology, including its offering for other financial services providers.
