Tech Company Financing Transactions
Mines Funding Round
The Rise Fund and Velocity Venture Capital participated in a $13 million Series A capital raise for Mines. This venture round was announced on 8/13/2018.
Transaction Overview
Company Name
Announced On
8/13/2018
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
The Rise Fund (Lead Investor) (Yemi LaLude)
Proceeds Purpose
The startup plans to use the Series A to expand its credit-as-a-service products into new markets in South America and Southeast Asia in the next few months, according to its CEO.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
16 East 3rd St.
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Undisclosed
Website
Email Address
Overview
Mines was founded in 2014 by a small group of computer scientists working on an artificial intelligence research project at Stanford University.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ekechi Nwokah
Chief Financial Officer
Abi Adeoti
Chief Scientific Officer
Kunle Olukotun
Vice President
Adia Sowho
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Prev: 8/13/2018: Modulus Discovery venture capital transaction
Next: 8/13/2018: Teamleader venture capital transaction
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