11 December 2023

Obu closes double funding round

Written By FinTech Alliance

Obu closes double funding round

Angel investment platform facilitated nearly £300,000 investment

IN BRIEF:

- Online angel investing platform Obu has seen its first two female-founded businesses close raises on its platform

- The platform was co-founded by Sarah King and Claire Dunn earlier this year to increase the number of female investors and connect more female-founded businesses to capital

- It successfully facilitated fundraising for AI-powered personalised project planning app ProperPlan and femtech women’s wellness app MoodyMonth

What does this mean?

“To support not one but two incredible female founders on their fundraising journey is a great privilege. It’s so rewarding to see these truly disruptive businesses secure investment from angels,” said co-founder Sarah King. “The closing of these rounds and knowing it’ll support the next stage of growth for these businesses demonstrates the genuine ability of angel investors to shape the types of problems that get solved in the world — proving that more diverse angels really does mean more diverse innovation.”

Read more here.

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