500 Startups, Malaysia's Tune Protect back UK insurer Laka's $1.5m round

500 Startups, Malaysia's Tune Protect back UK insurer Laka's $1.5m round

The Laka team

Laka, a UK-based insurance startup, has raised $1.5 million in a seed round of funding led by Tune Protect Group Berhad, a financial holding company listed on the Malaysian Stock Exchange, said an announcement.

Silicon Valley-based venture capital firm 500 Startups also participated in the funding round alongside new and existing angel investors from across the insurance industry, a company statement said.

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