

Lisa Palchynska
Editor-in-Chief, Vestbee

The fresh 55 North fund received backing from Novo Holdings, EIFO, Vsquared Ventures, Cambium Capital, and strategic support from key industry partners.

The new fund saw support from banks, development finance institutions, pension funds, insurance companies, and family offices.

The new Verne Capital fund received support from public and private investors associated with the founders’ previous fund Futury.

The fresh 55 North fund received backing from Novo Holdings, EIFO, Vsquared Ventures, Cambium Capital, and strategic support from key industry partners.

The round was led by Dutch venture capital firm TIN Capital.

As of now, Finerd has no MVP, users, or any traction, and its burn rate reaches $100,000 per month.