Fishbrain, the Sweden-made mobile app and social network for sport fishing, is disclosing $13.5 million in Series B funding. The round is led by B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, with participation from SoftBank Ventures Korea, and existing investors Northzone, and Industrifonden.
The new cash injection, which brings total funding to $28 million, will be used by the startup to expand its vertical social network and data-driven app that claims a membership of over 5 million anglers. This will include doubling headcount from 30 to 60 this year, in a bid to accelerate user growth and continue to build out what Fishbrain claims is the leading digital platform for sport fishing.
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