Wamda

UAE's Soter Insure secures fresh Series B investment from SC Ventures, SBI Group

UAE-headquartered insurtech Soter Insure has secured an additional Series B investment from SC Ventures, Standard Chartered's venture arm, and Japan's SBI Group, alongside follow-on funding from existing investor Token Bay Capital. The amount raised in this second close was not disclosed. The investment extends a Galaxy-led Series B round, whose first close was announced in July 2026, with participation from Coinbase Ventures, Franklin Templeton and Brevan Howard Digital. Founded by Henson Orser

By Wamda

1 min read
UAE's Soter Insure secures fresh Series B investment from SC Ventures, SBI Group
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