Bond180 secures Seed Follow On funding from Cambridge Enterprise

London, United Kingdom (July 20, 2020)Bond180, a provider of technology solutions for primary fixed income markets, today announced the completion of a strategic funding round. The round involved follow-on investment from Cambridge Enterprise, the commercialisation arm of the University of Cambridge, alongside technology partners, strategic angels and venture investors.

Bond180 is a digital platform that improves how institutional investors engage with fixed income markets. The Bond180 team combines decades of capital markets and technology experience and is backed by an industry-leading advisory and investor panel.

The company offers to its clients three core services. The first, Demand Management System (DMS), is a data and analytics product that helps institutional investors enhance their market-facing activity. This service will soon be brought to market via an exclusive pilot programme targeting the buy-side. The second, 180Match, is a reverse enquiry engine that streamlines communication with the sell-side. The third, the Issue Administration Network (IAN), offers bespoke digital asset issuance and administration services to the sell-side.

Bond180 believes capital markets are amid a significant innovation cycle, and its mission is to give its clients the tools they need remain ahead of the curve.

Bond180 has partnered with R3, the leading enterprise-grade distributed ledger technology provider, to deliver its service on R3’s Corda platform. Bond180 is also very happy to be supported by Cambridge Enterprise, Outlier Ventures, F10 FinTech Incubator and Accelerator, and its strategic investors and advisors.

Our mission is to help optimise financial services by leveraging collective scale and intelligence for the benefit of all. We do this by making asset sourcing and placement faster, cheaper, and better.” – Phil Holbrook, founder of Bond180

“B2B fintech is an area of significant growth as incumbent businesses are increasingly forced to adapt and innovate, accelerated by the current environment. We believe fintech can flourish in the Cambridge technology ecosystem, particularly given the presence of the world-class Cambridge Judge Business School and Cambridge Centre for Alternative Finance. We’re eager to back a diverse and multi-faceted team and we remain impressed with the significant progress the team has made on their product, technology, and overall value proposition as they develop a transformational solution for investment businesses. We are delighted to back them again with a follow-on investment.” – James Thomas, Senior Investment Associate at Cambridge Enterprise

Corda is built and developed with business needs in mind, with the cutting-edge technology to support industry-transforming initiatives and this development from Bond180 is no exception. We look forward to seeing Bond180 continue to grow and achieve further success in financial services technology.” – David E Rutter, CEO at R3

“At Outlier Ventures, we have advised, invested in and incubated 25+ projects in the open-data economy since 2014. We have condensed these 6 years of learning into a custom accelerator program for Web 3 to support pre-seed stage start-ups across all layers of Web 3 innovation: Infrastructure, Middleware & Applications. Bond180 impressed us with a highly qualified team that we believe can execute on their bold vision to bridge the existing gap between traditional financial services and the burgeoning DeFi and DLT ecosystems.” – Jamie Burke, CEO and Founder of Outlier Ventures

“At F10 – THE HOME OF FINTECH, we look for leading FinTech Startups offering new and innovative technology solutions for our Corporate Members and Bond180 impressed us with their vision to bring nascent technology to support the capital markets. The response to their product and technology has been positive to date and we truly believe they can deliver.” – Jonas Thurig, Head of F10 Singapore

About

Bond 180: Bond180 is a digital platform committed to building a more robust and transparent debt market. Our three-tiered service aims to lower costs for investors and the sell-side alike. We aim to establish a new standard of excellence in the fixed income market by helping investors source high-quality assets while helping the sell-side time- and cost-effectively raise funds in the debt capital markets. For more information, please visit www.bond180.com.

Cambridge Enterprise: Part of the University of Cambridge, Cambridge Enterprise supports academics, researchers, staff and students in achieving knowledge transfer and research impact. We do this by helping innovators, experts and entrepreneurs use commercial avenues to develop their ideas and expertise for the benefit of society, the economy, themselves and the University.

Liaising with organisations both locally and globally, we offer expert advice and support in commercialisation and social enterprise, including help with academic consultancy services, the protection, development and licensing of ideas, new company and social enterprise creation, and seed funding. For more information, please visit: www.enterprise.cam.ac.uk.

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and edocr.com were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.

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