Next Gate raises EUR5m

Next Gate Tech, the Luxembourg-based fintech provider for the asset management sector, has completed a new EUR5m fund raising round, led by NewAlpha Asset Management, alongside Volta Ventures and Seed X, with the continued support of all existing stakeholders, including Expon Capital, MiddleGame Ventures and SeederFund. This new round of financing will support the company’s ongoing investment in technology research & development, both to strengthen its existing data management and oversight analytics platform, as well as moving into more advanced predictive analytics. This investment will also allow Next Gate Tech to recruit new staff in Luxembourg, while  supporting its expansion with a new office in London.

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