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Lewis Silkin has advised Finboot on its latest investment round

13 March 2024

Lewis Silkin has advised Cardiff-headquartered tech firm Finboot on its latest funding round. The latest round of investment has been led by strategic investment company SABIC Ventures together with the UK’s largest investment service Wealth Club.

Finboot is a leading provider of supply chain technology and is committed to empowering its clients in their digital transformation journey. Leveraging innovative blockchain technology, Finboot's flagship service, MARCO, enables companies to seamlessly integrate blockchain into their value and supply chains, fostering traceability, transparency, and compliance.

Through MARCO, businesses can effectively address sustainability goals, track carbon emissions, and meet evolving environmental, social, and governance (ESG) requirements, all while enhancing operational efficiency.

The Lewis Silkin team was led by corporate partner, Geraint Tilsley with support from Associate Stacy Treharne.

Commenting on the deal, Geraint Tilsley said:

We are delighted to support Finboot in facilitating this significant milestone in their growth journey and are confident that this latest round of funding will propel them to even greater heights. Advising Finboot reaffirms our deep-rooted expertise as trusted advisors in the Welsh private equity market.”

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