Yu Life Ltd. announced that it expects to receive £100 million in funding from a group of investors
On the same date, the company received its first tranche. The company has received £100,000,000 in the tranche. The transaction was led by new investor Dai-ichi Life Holdings, Inc. and also involved participation from returning investors Creandum AB, Phoenix Court Group, Target Germanium GmbH, Latitude Ventures, Anthemis Exponential Ventures, OurCrowd Ltd., Notion Capital Managers LLP, MMC Ventures Limited, Eurazeo SE. The company raised funding at the post-money valuation of £672,008,000. The company has raised £173,042,060 in funding till date.