Appital announces securing a £2.5 mn investment from Frontline Ventures

By Joy Dumasia

Appital, the Equity Capital Marketplace, announced it had secured a £2.5m investment from Frontline Ventures and several seasoned capital markets angel investors to bring technological innovation and automation to today’s equity capital markets.

The investment will accelerate the development of Appital’s technology infrastructure, integrate with market-leading financial institutions and technology vendors and enable the expansion of their engineering team to support the delivery of their go-to-market strategy.

The cooperation brings together complementary capabilities to the benefit of issuers and investors, adding transparency and automation to the process of liquidity discovery. Institutional investors will be able to take advantage of a more innovative and efficient way to access liquidity opportunities and trade in a size market at the best price.

Appital’s mission is to bring innovation to Equity Capital Markets, an area largely untouched by automation, plagued by opaque legacy processes. A new trading platform that enables the discovery of latent liquidity, Appital offers the buy-side community the ability to gain greater exposure to relevant deal flow opportunities and interact with like-minded institutions in the liquidity formation process.

Mark Badyra, Chief Executive Officer of Appital, said: “This is an exciting time for our business. We are delighted to have secured joint investment from Frontline Ventures and a number of angel investors to provide buy-side firms with new opportunities to discover and interact with latent liquidity. We enable buy-side firms to radically rethink their approach to interacting with the market, gain exposure to deal flow opportunities they have not been able to access before, and proactively drive liquidity in the market.”

Recently, IBS Intelligence reported that Appital, the Equity Capital Marketplace announced its cooperation with Turquoise, the pan-European MTF, majority-owned by London Stock Exchange Group, in partnership with the user community, to unlock latent liquidity opportunities and bring further efficiency to equity capital markets.