# Next Gate Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-gate-tech-s-a

- Industry: Software
- Headquarters: Luxembourg, Luxembourg
- Website: www.nextgatetech.com
- Total disclosed funding: $16M
- Latest round: Series A (Apr 18, 2023)
- Investors on record: 7

## About

Founded in 2019 and based in Luxembourg, Next Gate Tech S.A. operates as a provider of an online platform that offers smart oversight of assets under management and risk for asset managers and data-as-a-service for service providers. In April 2023, Next Gate Tech S.A. raised EUR 8 million in venture funding led by new investor DB1 Ventures, with participation from returning investors Expon Capital, NewAlpha Asset Management, Seed X Liechtenstein AG, and Volta Ventures. Along with this transaction, the company reached partnership with Kneip, a data franchise of Deutsche Börse Group´s Fund Service, which enables financial institution like this to manage the fund distribution and regulatory reporting processes with Next Gate Tech's technology.

The company offers an online platform that can oversight the asset under management and risk which doesn't need a large scale development team to maintain it. It provides services in three perspectives -- data management, NAV oversight module and risk oversight module.

## Funding rounds

- Series A, Apr 18, 2023, $6.6M — NewAlpha Asset Management, Volta Ventures, Expon Capital, DB1 Ventures, Seed X Liechtenstein
- Seed, Jun 13, 2022, $5.3M — NewAlpha Asset Management, Volta Ventures, Expon Capital, MiddleGame Ventures, Seeder Fund, Seed X Liechtenstein
- Seed, Sep 9, 2021, $1.6M — Expon Capital, MiddleGame Ventures, Seeder Fund
- Seed, Jul 13, 2021, $2.6M — Expon Capital, MiddleGame Ventures, Seeder Fund
- Seed, Jan 17, 2020, $0.4M — Expon Capital, Seeder Fund

## Investors

- Expon Capital (https://capitalatlas.ai/funds/expon-capital) — Seed, Series A
- Seeder Fund (https://capitalatlas.ai/funds/seeder-fund) — Seed
- MiddleGame Ventures (https://capitalatlas.ai/funds/middlegame-ventures) — Seed
- NewAlpha Asset Management (https://capitalatlas.ai/funds/newalpha-asset-management) — Seed, Series A
- Volta Ventures (https://capitalatlas.ai/funds/volta-ventures) — Seed, Series A
- Seed X Liechtenstein (https://capitalatlas.ai/funds/seed-x-liechtenstein) — Seed, Series A
- DB1 Ventures (https://capitalatlas.ai/funds/db1-ventures) — Series A