Kanastra Closes $13M Seed Funding

kanastra

Kanastra, a São Paulo, Brazil-based capital markets infrastructure provider, raised $13M in Seed funding.

The round was co-led by Valor Capital and Quona Capital, alongside QED Investors, Actyus, Collaborative, Crestone, Grão, Endeavor, Clocktower, Latitud, and Norte.

The company intends to use the funds to expand operations and its development efforts.

Founded in 2022 by Gustavo Mapeli and Manuel Netto, Kanastra simplifies debt facilities for both originators and investors by bringing to market a tech-driven solution. The platform streamlines and provides all services needed to set up, run and invest in debt facilities in a digital and automated way. The company takes care of everything from fund administration to debt issuance so originators and investors don’t have to spend time and energy with spreadsheets, complicated documents and legacy systems, enabling critical automation, data availability, modern integrations and a host of features to empower lending.

FinSMEs

14/06/2023