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. |