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Value £69,000,000
Summary
Dwelly, an AI-enabled rollup of letting agencies, has successfully raised £69 million in a combined equity and debt funding round, led by prominent venture capital firm General Catalyst.
Summary of transaction details:
- Value: £69 million
- Sector: DeepTech & AI
- Advisor: Not mentioned
- Key Entities: Target: Dwelly, Lead Investor: General Catalyst
- Location: London, UK (implied from article context)
Note: This substantial investment is intended to fuel Dwelly's rapid expansion plans, specifically through a series of strategic M&A acquisitions throughout the UK, aiming to further integrate technology and transform the entire rental lifecycle.
Lead Investor / Acquirer
General Catalyst
Advising Broker
Undisclosed Firm
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Original Source
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