Global Founders, Picus invest in £12m round in Selina

The funding includes £12m in equity and £30m in debt. The company expects to raise a substantial amount of debt in the next few months to cover its business expansion.

Global Founders closed its most recent fund on €150m in March 2013, according to Unquote Data.

Picus was founded in 2015 and has made more than 50 investments in companies such as Personio and Digital Genius.

Company
London-based Selina was founded in 2019. The company aims to provide affordable and flexible financing to business owners.

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• Topics
• Expansion
• UK / Ireland
• Financials
• Venture
• United Kingdom