New York, NY and London, UK, August 16 – Qubit Capital an AI-driven matchmaking platform for startups and VCs announces an expansion into the U.S. and the UK as well as three new successful funding rounds completed. They have secured over $9 million for startups in 2024, and $215 million in funding since 2020.
Qubit Capital’s goal is to democratize access to venture capital for founders globally by using AI and an easy to use matchmaking tool. The platform has already facilitated $215 million in funding for 64+ startups since inception in 2020. Recent deals facilitated through Qubit include:
- Swiipr Technologies: This UK-based fintech and travel startup raised approximately $7.7 Million from Octopus Ventures, UK, and TX Ventures, Switzerland.
- Spottitt: A satellite-based geo-spatial analytics company, Spottitt secured $800,000 from Right Side Capital & 3 Angel Investors.
- iVent Pro: A virtual events platform, received an undisclosed amount from Purple Ventures.
“Startups face immense challenges in securing funding, especially in a virtual-first, remote work environment,” said Mayur Toshniwal, Co-Founder of Qubit Capital. “Our AI-powered platform provides startups with the tools they need to connect with the right investors and secure crucial funding. Our recent successes with Swiipr Technologies, Spottitt, and iVent Pro highlight our platform’s rapid growth and effectiveness.”
Qubit Capital was founded at the onset of the 2020 pandemic by experienced entrepreneurs who understood the hurdles startup founders face in raising capital. Identifying the right investors, building relationships, and dedicating time and resources to fundraising are formidable challenges.
“We believe AI can democratize access to investors worldwide, breaking down barriers regardless of background or location,” said Sagar Agrawal, Co-Founder of Qubit Capital. “Our global expansion into Europe, the UK, and the US excites us, and we are eager to support startups in these regions.”
