Augmented reality app Snatch closes £4.4m Seed

Snatch, an augmented reality treasure hunt app, has raised £4.4m in Seed funding in a round led by Initial Capital.

Brent Hoberman’s First Minute Capital, CrunchFund, Simon Equity Partners, Cassius Family Fund, Hanson Asset Management, Velocity Technology Fund and Silicon Valley Bank also participated.

Snatch raised $2m (£1.5m) worth of venture debt as part of the round. to read more, click here.