Raylo upsized its debt facility to £125 million, expanding its partnership with NatWest and Quilam to support sustainable financing in consumer electronics.
Sep 16, 2024•12 months ago
Amount Raised
£125 Million
Investors
QuilamNat West
Description
Raylo has expanded its debt facility with NatWest and Quilam to £125 million, supporting its commitment to sustainability in consumer electronics. The increased facility will enable Raylo to accelerate its growth and expand its range of electronic devices.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech