OatFi, a company that provides working capital infrastructure for B2B payments platforms, announced an $8 million Seed round.

The round was led by QED Investors with participation from existing investors Portage Ventures, Picus Capital and Cambrian Ventures, and the addition of new investors Fin VC, Dash Fund and Lorimer Ventures. Ziv Paz, Cofounder of Melio, also participated in the round. This brings the total funding to $11.25 million, following a $3.25 million pre-seed round co-led by Portage Ventures and Picus Capital earlier this year.

Additionally, OatFi has raised a $50 million credit facility from Architect Capital.