Summary
UK rapper and investor Tinie Tempah has backed London-based Gener8, a free-to-use application empowering users to earn rewards from their data, following a successful £2 million funding round in July 2024.
Summary of transaction details:
- Value: £2,000,000
- Sector: AdTech, Data Privacy
- Advisor: Not disclosed
- Key Entities: Gener8 (Target), Tinie Tempah (Investor)
- Location: London, UK
Note: This strategic investment underscores the growing market trend towards user-centric data models, where individuals are compensated for their digital footprint. Gener8 is positioned to capitalize on increasing consumer awareness regarding data rights and value, aiming for unicorn status in the coming decade.
Lead Investor / Acquirer
Tinie Tempah
Advising Broker
Undisclosed Firm
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Seed prioritisedOriginal Source
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