Float raises €4.5M Series A to bridge Europe's funding gap

Tech.eu · 1 day ago

Float, a revenue-based financing platform for European tech companies, raised €4.5 million in Series A funding led by CHAPTERS Group AG. The company has distributed over €100 million to 130 tech businesses since 2022 and plans to evolve into an AI-native financial platform combining lending with AI-powered financial management tools. The funding will enable Float to double its team, expand in the UK market, and add automated financial insights and expense management features to its core lending business.