D2

D2, a London-based firm, offers an alternative to the traditional venture capital funding as it has just launched a hybrid financing option that lets startups raise money against a share of future revenue streams instead of giving away equity.

Its fund is valued at $20m for this kind of investing, and it is part of a growing crop of alternative funding options emerging for startups that don’t feel the VC model is a good fit for them. D2 is aiming to invest in around 20 businesses.

D2’s financing is aimed mainly at B2B software startups that can be set up on a very lean budget. Deeptech startups that need huge upfront investment costs for close to a decade before being able to get a product out would not be suitable for this kind of funding. 

D2 has invested in three startups so far, including Loma, a search engine for secondhand, rent and repair sites, and Connect Earth, which helps companies add climate impact data to their products. 

Applicants willing to get in touch with D2 can do it by email writing at [email protected]

Last update: May 9, 2022