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VC-Backed Mobile App For Sport Fishing Reels In $13.5M

Law360 (March 7, 2018, 7:01 PM EST) -- A Sweden-based mobile app for sport fishing, Fishbrain AB, has closed a Series B funding round totaling $13.5 million that was led by California-based venture capital firm B Capital Group and SoftBank Ventures Korea, the company said Wednesday.

Fishbrain said that it received investments from SoftBank Ventures and B Capital Group as well as existing venture capital investors Northzone and Industrifonden. The company plans to use the funding to double its staff to 60 employees and accelerate user growth. According to a company statement, Fishbrain has...
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