SmartBeemo, an educational technology company based in the USA, and Aluna Partners, a global investment banking boutique specialising in alternative credit solutions, today announced the closing of a new $7.5 million debt facility. Under the terms of the deal, SmartBeemo is expected to draw down the notional amount over a period of 48 months.

“We are extremely pleased to have partnered up with Aluna for our Venture Debt operation. What stood out the most was their agility, speed, and efficiency throughout the entire model. They are highly responsive professionals who make things happen.” said Michel Edery, Chief Executive Officer & Co-Founder of SmartBeemo. “I highly recommend them for any startup that fits within their investment thesis. Working with Aluna has undoubtedly been a remarkable experience, adding substantial value to our operation.”

SmartBeemo is an EdTech platform, specialised in E-commerce entrepreneurship, in which individuals can enrol in a course and obtain a certification and join a community. Currently, 53% of users are based in Latin America, while the remainder are Latinos in the US. The users enter a network of like-minded entrepreneurs who have their own e-commerce business. Users will benefit from an advanced and immersive learning experience, participate in events virtually and in-person and access solutions to import products directly from China for dropshipping businesses