Primary Portal, a digital platform revolutionizing equity capital market processes, has successfully concluded the initial phase of its €8.9 million Series A funding round. The funding round was led by DB1 Ventures, the venture capital arm of the renowned Deutsche Börse Group. Additionally, the round witnessed continued investment from existing shareholders DFF (Dutch Founders Fund) and Flow Traders.
With this significant investment, Primary Portal aims to further consolidate its position as a leading player in the digitization and connectivity of capital markets. The company strives to enhance efficiency, accessibility, and transparency in equity capital market processes for banks and asset managers.
The involvement of Deutsche Börse as a shareholder emphasizes the confidence in Primary Portal’s potential to drive meaningful change in the capital market landscape. John Bentinck van Schoonheten, the founder of Primary Portal, expressed excitement regarding the partnership with Deutsche Börse and their shared vision of advancing connectivity and digitization in capital markets.
Primary Portal’s robust digital platform aggregates and digitizes various equity capital market processes, streamlining operations and offering a seamless experience for its users. By embracing technological advancements, Primary Portal aims to empower financial institutions with greater efficiency, reducing costs and enhancing productivity.
With its successful Series A funding round now completed, Primary Portal is well-positioned to deliver innovative solutions and shape the future of equity capital markets by amplifying connectivity and embracing digital transformation.