3 years ago
Appital Secures £1.7M for Algorithmic Bookbuilding Platform
Appital, a London-based Equity Capital Marketplace, has secured an additional £1.7 million investment from Frontline Ventures and several angel investors
This funding follows a previous £2.5 million investment from the same investor, bringing the company's total funding to £4.85 million
The fresh funds will support Appital in launching the world's first algorithmic bookbuilding platform in partnership with Turquoise, a pan-European MTF
The platform aims to automate and improve the efficiency of existing bookbuilding and deal distribution processes, giving firms control over their bookbuilding processes.