What is Upstream?
Upstream operates as a leading mobile technology company, specializing in providing secure access to a diverse range of digital services. Headquartered in the United Kingdom, the company has established itself as a key player in the mobile technology landscape, facilitating secure and seamless interactions for its user base. Its focus on secure access positions it strategically within an increasingly digital-first economy.
How much funding has Upstream raised?
Upstream has raised a total of $56.7M across 3 funding rounds:
Unspecified
$15.3M
Private Equity
$26.5M
Debt
$14.9M
Unspecified (2009): $15.3M with participation from TLcom Capital Partners
Private Equity (2017): $26.5M led by The European Investment Bank
Debt (2022): $14.9M supported by National Bank of Greece
Key Investors in Upstream
The European Investment Bank
The European Investment Bank (EIB), established in 1958 and based in Luxembourg, is the European Union's primary long-term lending institution, focusing on financing projects that support EU policy objectives.
National Bank of Greece
National Bank of Greece, founded in 1841 and headquartered in Athens, offers a comprehensive suite of retail and corporate banking services, including loans, financing, and investment services.
TLcom Capital Partners
TLcom Capital Partners is a venture capital firm dedicated to investing in African entrepreneurs, with a focus on technology-driven solutions across sectors like education, healthcare, and agriculture.
What's next for Upstream?
The recent major strategic investment signals a pivotal phase for Upstream, likely aimed at accelerating its expansion and enhancing its secure digital access solutions. This influx of capital, coupled with the company's established market presence, suggests a trajectory focused on scaling operations, potentially exploring new technological advancements, and solidifying its competitive advantage in the mobile technology sector. The company's strategic positioning indicates a forward-looking approach to innovation and market penetration.
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