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Economic·TechCrunch·2d agoUnited Kingdom

David Beckham's Startup IM8 Gets $1B Loan from General Catalyst

Revenue-based financing avoids equity dilution for longevity drink venture

Neutral1 min read
David Beckham's Startup IM8 Gets $1B Loan from General Catalyst

AI Summary

David Beckham's startup IM8 secured a $1 billion loan from General Catalyst's Customer Value Fund, structured as revenue-based financing.

Keywords

David BeckhamIM8General Catalyststartup fundingrevenue-based financing
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