Tech funding: Phrasee, Pagaya, Makeblock

Phrasee, Makeblock and Pagaya, among others, have announced their technology funding.
Dollar spending on technology


Phrasee, a marketing technology company that uses artificial intelligence (AI) to generate optimised marketing copy, has closed a $4 million Series A funding – led by Albion Capital Group, with funds from existing investors including Next Fifteen Galvanise Capital.


Pagaya, a financial technology company using AI targeting institutional investment markets, announced $14 million Series B funding co-led by Oak HC/FT and Harvey Golub, former chairman and CEO of American Express. GF Investments, Siam Commercial Bank, Clal Insurance and Viola Ventures have also participated in the round.


STEAM education solution provider Makeblock has closed $44 million in Series C funding led by CICC ALPHA with participation from Yuexiu Industrial Investment Fund, GX Capital and Everest Capital.

PIR Equities

PIR Equities, an employee owned private equity firm, said it will be investing $50 million in blockchain technology companies over the next 12 months.