Kevel Raises $52M Series D and Eyes Acquisitions
Key takeaways
- Kevel announced a $52 million Series D financing round.
- The company plans to use part of the proceeds to fund potential acquisitions.
- CEO and founder James Avery said acquisitions are on the company’s agenda.
Context
Kevel operates in retail media infrastructure, an area relevant to the technical and commercial development of advertising and commerce platforms. Its financing round and stated acquisition plans provide a current data point for industry analysts tracking capital investment and consolidation in the sector.
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