Editing Talk:Freetrade
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== Series B funding amount == | == Series B funding amount == | ||
The company said that it raised £50 million in an oversubscribed Series B. The round closed in March 2021. | |||
The company annual report financial statements shows that in the year ended 30th September 2021, the total amount raised in the period is £35 million, a difference of £15 million from the £50 million. Does anyone know if the main reason for the difference is becasue the raised amount is based on certain milestones being achieved? If so, what's the milestones? If not, what's the reason? | The company annual report financial statements shows that in the year ended 30th September 2021, the total amount raised in the period is £35 million, a difference of £15 million from the £50 million. Does anyone know if the main reason for the difference is becasue the raised amount is based on certain milestones being achieved? If so, what's the milestones? If not, what's the reason? |