Tangible

Fintech platform Tangible has raised a $4.3 million (approximately £3.4 million) Seed round led by Pale Blue Dot, with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital, and Aperture. The funding will be used to scale Tangible's team and deepen automation across its AI-powered debt financing platform, which helps capital-intensive hardtech companies access structured debt financing as an alternative to heavy equity dilution.

Summary of transaction details:

• Value: ~£3.4M ($4.3M)
• Sector: Fintech / Hardtech Lending Infrastructure
• Advisor:N/A
• Key Entities: Tangible (Target); Pale Blue Dot (Lead Investor); MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital, Aperture (Participating Investors)
• Location: United Kingdom

Note: Tangible addresses a critical structural gap in hardtech financing, where asset-heavy businesses in energy, transport, advanced manufacturing, and compute infrastructure have historically been underserved by traditional venture capital due to their high upfront capital requirements. By automating the data standardisation, documentation, and reporting workflows required by institutional lenders, Tangible aims to reduce underwriting costs and shorten time-to-close for structured debt facilities, positioning debt as a viable alternative to equity dilution for scaling hardtech companies.