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The Logic Raises $4M in Funding Led by FT Ventures for Expansion
Jun 4, 2024, 05:33 PM
The Logic, a Canadian business and technology news publication, has announced a $4 million capital raise. The funding round was led by FT Ventures, the venture arm of the Financial Times. The fresh capital is aimed at supporting the publication's expansion efforts. The Logic expressed gratitude to its loyal investors and team.
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Markets
Yes • 50%
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Official announcements from The Logic, FT Ventures, or credible news sources
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Yes • 50%
The Logic's publicly available subscriber reports or official press releases
No • 50%
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Official announcements from The Logic or coverage in credible news sources
New subscription tier • 33%
New podcast series • 34%
New regional edition • 33%
Official announcements from The Logic or credible news sources
25-50% growth • 33%
More than 50% growth • 34%
Less than 25% growth • 33%
The Logic's financial statements or credible news reports
Partnership with a financial institution • 34%
Partnership with a tech company • 33%
Partnership with another media outlet • 33%
Official announcements from The Logic or credible news sources