Nauta Capital leads £4m Basekit round
Spanish private equity firm Nauta Capital has led a £4m series-A round of funding for Wales-based software company Basekit.
Nauta has injected £2m in the business via its Nauta III fund, while the remaining capital was provided by existing investors Eden Ventures and Nesta.
Founded in Chepstow in 2006, Basekit is an online website design and build service which allows users to create websites using an on-screen "drag and drop" technique.
The investment is intended to facilitate the business' international expansion plans, which include the opening of new offices in Barcelona, San Francisco, Sao Paulo, Mexico and Buenos Aires.
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