11th Aug 2022 15:42
Tern Plc - investor focused on the internet of things - Says FVRVS Ltd - also known as FundamentalVR - closes a second tranche of its series B funding round, securing a further GBP5 million from a "new institutional investor". This comes after a GBP7 million fundraise at the end of May, with GBP1.2 million conversion of convertible loan notes. At that time, Tern converted GBP570,000 in loan notes, but did not participate in the second tranche. FundamentalVR has now raised GBP13.2 million total in the funding found. Read More