Beeston's Startup VC Illuminate Ups Focus on Data, FinTech Vendors; Gets Funding Infusion from Capsicum
Additional investment will allow VC to accelerate funding of data and financial technology providers.
As well as making a general investment in the venture capital firm itself, Capsicum will invest in London-based Illuminate's FinTech Opportunities Fund, which is seeking to identify and fund investment opportunities in financial technology vendors serving the capital markets space. The fund, which is currently in its initial fundraising stage, aims to unite investors, entrepreneurs and financial institutions as investors to foster the adoption of new technology in the areas of data and analytics
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