Analysis

April 28, 2022

Startups now have another alternative to VC: growth through debt

The latest alternative lending fund for startups is Avellinia Capital, which is raising $150m.


Eleanor Warnock

4 min read

Cinchona's Tarig El-Sheikh has raised debt and equity to build his startup.

For European founders who want cash, VC is no longer the only game in town. As the region’s startup ecosystem has matured, founders are raising capital in more diverse ways, including a form of credit that’s as old as ancient Greece: asset-backed lending. 

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Eleanor Warnock

Eleanor Warnock is an advisor to VC firm Bek Ventures, and writes a newsletter on tech and writing. She was previously Sifted’s deputy editor. Find her on X and LinkedIn

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