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London-based Alpa has raised $3.5 million in a pre-seed funding round led by Daphni, with participation from various investors. The funding aims to develop Alpa's financial data infrastructure, enhance supplier integrations, and improve automation.

Alpa focuses on addressing hospitality's financial visibility challenges, enabling operators to access real-time financial data rather than relying on monthly reporting. The company plans to invest in product development and engineering capabilities over the next 12 months.