Thought Machine Series C funding and unicorn status
Thought Machine raised $200M Series C led by Nyca Partners on November 29, 2021.
- Primary
- Thought Machine
- Counterparty
- Nyca Partners
- Amount
- $200M
- Structure
- Series C
- Date
- November 29, 2021
- Sub-sector
- BaaS
Cloud-native core banking platform achieves unicorn status with participation from tier-one bank strategic investors (ING, JPMorgan Chase, Standard Chartered, Lloyds), signaling institutional adoption of cloud infrastructure modernization.
Source: techcrunch.com