Hokodo: Announces $40 million Series B fundraise

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Hokodo: Announces $40 million Series B fundraise

  • Hokodo modernising the way businesses buy from each other by making it easier and safer to sell to business customers
  • Delighted to announce a series B fundraise of $40 million that will help to fulfill the ambition of enabling 1 million businesses
  • As businesses continue to feel the economic impact of the pandemic, all while facing rising interest rates
  • Successfully engaged a number of European investors and raised a significant Series B round of $40 million
  • Series B funding round was led by Notion Capital, a VC fund that participated in Series A raise last year
  • The B2B purchasing experience has long lagged behind its B2C counterpart
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