Eurazeo-backed Thought Machine raises €151.3M led by Temasek; doubles valuation to €2.5B
Summary
London-based Thought Machine, a fintech company that builds cloud-native technology to revolutionise core banking, announced on Wednesday that it has closed $160M (approximately €151.36M) in a Series D round of funding. The investment has raised the company’s valuation to $2.7B (approximately €2.55B) and marks a 100 per cent increase from its previous round at the end of 2021.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Financial Technology
Core Banking Software
Cloud Computing
Linked Companies
Thought Machine
$50M to $100M