Prenetics closes USD 1 billion growth financing deal with General Catalyst Customer Value Fund for IM8 unit

Reuters2026/08/07 12:57

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Prenetics closed a growth financing arrangement of up to USD 1 billion with General Catalyst’s Customer Value Fund for its IM8 business.
IM8 (US) entered a Customer Investment Agreement with GC Customer Value Arranger on July 13; commitment runs through Aug. 11, 2028.
Structure funds up to 70% of IM8 monthly growth spend; repayment comes from collections tied to customers acquired in each funded month.
Return cap set at the lesser of a 30% IRR target across annual cohorts or 1.035x to 1.17x of each Investment Amount.
IM8 Limited and Prenetics Limited provided a joint guarantee; covenants restrict additional indebtedness without arranger consent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prenetics Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-054607), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Prenetics closes USD 1 billion growth financing deal with General Catalyst Customer Value Fund for IM8 unit

You may also like

Crypto prices