Denver-based P2Binvestor Inc., which lends money to businesses using a crowdfunding model, has raised $7.7 Million in Series A1 funding.
The funding was led by Rockies Venture Club, the largest angel investor network in Colorado, and Future Venture Capital Co, Ltd., a Japanese venture capital firm. It was the Japanese firm's first investment outside of Japan.
“Finding a high quality investment opportunity like P2Bi in Colorado and working with a partner like RVC to co-invest confirmed our decision to open our first subsidiary office outside Japan,” said Yuji Fujinaga, Future Venture Capital chief strategy officer.
The money will be used to expand operations and invest in sales, marketing and technology, said Krista Morgan, cofounder and CEO of P2Binvestor.
Read more at the Denver Business Journal: http://bit.ly/2eWMx7G