Analysis

August 29, 2022

One symptom of tougher funding: seed founders raising extensions

A more difficult funding environment is driving the increase in extensions


Selin Bucak

4 min read

Ivan Beckley. Credit: Suvera

The founders of French fintech Formance received an unexpected call shortly after closing their $3.1m seed round in May. Another investor was calling and wanted in. 

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Selin Bucak

Selin Bucak is a freelance finance writer based in Paris. She tweets from @SelinBucak2

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