Singapore's Digital Private Debt Platform Kilde Raises $1.12M Seed Round

Kilde, a Singapore-based digital private debt platform, has secured a $1.12 million seed round investment from Big Sky Capital, Borderless Capital, AXL ventures, Algorand Foundation, and angel investors. The funding will support Kilde's growth and the development of its proprietary technology. With this capital injection, Kilde aims to enhance its platform's features, scale operations, expand market reach, and drive the development of SafeBay, a new treasury management system built on blockchain technology. Kilde provides investors with access to private credit deals and offers added security through cash-generating collateral, presenting diverse investment opportunities compliant with industry regulations.

Summary: Kilde, a Singapore-based digital private debt platform, has raised $1.12 million in a seed round investment. The funding will accelerate Kilde's growth and technology development. It aims to enhance its platform, expand operations, and introduce SafeBay, a blockchain-based treasury management system. Kilde provides investors with access to private credit deals and offers added security through cash-generating collateral. This investment reaffirms investor confidence in Kilde's vision and business model, enabling the company to capitalize on the growing interest in private credit investments.