This time 60% of management profits from his second venture will be used to fund his charitable foundation, called the Resolution Trust, which focuses on the plight of hard-working families – the people who play by the rules and don't rely on state handouts.
The Series A round of funding was led by True Ventures, with participation from Khosla Ventures, O'Reilly AlphaTech Ventures and Lerer Ventures and will be used to staff up and expand the range of products from the 30 currently on offer.
The new investment comes from existing investors Peter Gabriel and Eden Ventures, along with Qualcomm Incorporated (via its venture capital function) and Pentech Ventures, and will be used primarily for further European expansion ("multiple countries") and to consolidate its position in the UK.
But now it's raised €7.5m in a round led by Index Ventures, which will be used to first grow the core German market and then expand across Europe.
The round was led by Anthemis Group, with participation from existing investor Connect Ventures, and will be used by TrueLayer to expand its team and increase coverage of supported banks before opening up beyond beta testers later this year.
The new venture fund will be used to co-invest alongside other venture investors, as happened recently when Science teamed up with Greylock Partners to provide Series A funding to Mammoth Media, a company Science incubated at its offices.
The venture fund will be used to invest in innovative "value-driven" startups, many stemming from the UC ecosystem.
Part of the capital it raised from new investor Union Square Ventures and previous investors Menlo Ventures and General Catalyst Partners will be used to market a new diversified equity fund targeting institutional investors as well as sales and marketing for its existing business lines.
The investment, from a consortium of angels (BAS and Go Beyond), and previous backers Polytech Ventures, and Hasler Foundation, will be used by BugBuster to bring its cloud-based automated bug detection software for Web apps to market following the completion of Beta testing this month, and for further development.
The round was led by Fluxunit (the corporate venture arm of lighting company Osram), High-Tech Gründerfonds, Tengelmann Ventures, and Unternehmertum Venture Capital Partners, and will be used to speed up development of the company's technology, including hiring more engineers.
