New bank targeting 'innovation economy' closes in on $1.5bn funding round
Erebor, the new bank backed by tech billionaires that plans to fill the gap left by Silicon Valley Bank's collapse, is on the verge of raising $1.5 billion in funding, according to the Financial Times.
Record details
Published: 10 August 2026
Source: Finextra AI
Category: News
Topics: Jobs & economy · Finance, VC & PE
Retrieved: 11 August 2026
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ethics.ai (10 August 2026), “New bank targeting 'innovation economy' closes in on $1.5bn funding round,” evidence record 18171, https://ethics.ai/record/18171 (originally published by Finextra AI).
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