Tech Company Financing Transactions
Cult Wines Funding Round
Cult Wines closed a $2.1 million Seed venture capital round on 6/19/2023. Investors included Aken Capital and private investors.
Transaction Overview
Company Name
Announced On
6/19/2023
Transaction Type
Venture Equity
Amount
$2,120,000
Round
Seed
Investors
private investors (Chris Jones)
private investors (Christophe Navarre)
private investors (Reda Bedjaoui)
private investors (Valtteri Bottas)
Proceeds Purpose
This strategic injection of funds will fuel the company's aggressive growth trajectory, including supporting technological infrastructure, scaling the recently launched CultX, and continued investment in data. Cult Wines was advised by Akur Capital, the company's independent corporate financial adviser.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Clockwork Building 45 Beavor Lane
London, W6 9AR
UK
London, W6 9AR
UK
Phone
Website
Email Address
Overview
Cult Wines, is transforming the fine wine industry, for producers, collectors, investors or those who simply enjoy it. Combining our expertise with digital platforms, innovative technology and a globalised infrastructure to re-define how consumers buy, sell, invest and collect fine wines. Our products and services support and enhance the whole life cycle of fine wine in order to maximise their potential. Unparralelled access to the wider community and ecosystem of wine makes us the right choice for producers and end consumers alike.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Gearing
Chief Financial Officer
Gemma Castle
Chief Marketing Officer
Oakley Walters
Chief Technical Officer
Emanuel Kuceradis
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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