IT Park Ventures invested $300,000 in the British startup Datox

Venture fund IT Park Ventures invested $300,000 in the British startup Datox — a platform for automating regulatory reporting. The company develops solutions for preparing reports for regulators such as the FCA, ESMA, SEC, and others.

The raised funds will be directed toward product development, team expansion, and scaling Datox's business in international markets. IT Park Ventures' investment is syndicated with Alchemist Accelerator, creating additional opportunities for accelerated growth and strengthening the company's market position.

The deal will enable Datox to strengthen its technological infrastructure and expand its presence in key European and global markets.

Source: IT Park Ventures