Venture debt marketplace 8vdx raised $3 million in funding from Y Combinator and others

Venture debt marketplace, 8vdx raised $3 million in funding from Silicon Valley’s famed accelerator Y Combinator where Tokyo-based venture capital firm GMO Venture Partners along with global investors like Zillionize; Cathexis; Grant Park; Asymmetry Ventures; Earlsfield Capital Partners and Fox Ventures and angel investors Vikram Chachra, founding partner of 8i Ventures and Kevin Moore also participated.

8vdx is a digital venture debt marketplace that was part of Y Combinator's 2022 winter batch. The funds will be used to build the company's tech platform and to provide acceleration capital to approximately 250 startups in India and other countries. 8vdx claims to have an AUM of $5 million and is growing at a rate of 25% per week.

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