Singapore's bolttech, valued at $2.1 billion, raises over $100 million

Other investors in the latest funding round include UK investment management firm Baillie Gifford and insurer Generali's private equity arm Lion River, the statement said. Founded in 2020, bolttech operates a digital platform where insurers, distributors and customers buy and sell insurance and protection products in more than 35 markets across North America, Asia, Europe and Africa, according to its website.