Deal date
KANDO id: 1051031
Financial Transaction:
Venture
Meniga Ltd
Currency
European Union Euro
Value in original currency
10,000,000
Note
Funding to be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product. In addition, the fintech will bolster its sales and service teams.
Lead investor
| Investor | Country | Notes | |
|---|---|---|---|
|
Frumtak Ventures |
Iceland | Initial investment. |
|
Velocity Capital Advisors Ltd |
United Kingdom | Initial investment. |
Round participants
| Investor | Country | Notes | |
|---|---|---|---|
|
Future Fund |
United Kingdom | Initial investment. |
|
Groupe BPCE |
Initial investment. | |
|
Industrifonden(Swedish Industrial Development Fund)Foundation set up by the Swedish government for investment in small and medium-sized Swedish companies with international growth potential |
Sweden | Initial investment. |
|
Íslandsbanki |
Iceland | Initial investment. |
|
Swedbank |
Initial investment. | |
|
Unicredit Group |
Initial investment. |