Diagon raised $5.1 million in a seed funding round led by The Westly Group to revolutionize manufacturing procurement.
Apr 18, 2024•over 1 year ago
Amount Raised
$5.1 Million
Round Type
seed
Investors
Refashiond Ventures: The Industrial Transformation FundVentures TogetherAnthemis GroupFoxe CapitalFoster VenturesTechstarsValia VenturesThe Westly Group
Description
Diagon, a company redefining the way manufacturers find and purchase equipment, has secured $5.1 million in seed funding. The round was led by The Westly Group, with participation from Valia Ventures, Techstars, Foster Ventures, Foxe Capital, Anthemis Group, Ventures Together, and REFASHIOND Ventures: The Industrial Transformation Fund.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers