Brief: Kinnevik Invests Sek 150 Million In Mathem’S Sek 1.1 Billion Funding Round

Kinnevik AB

22/04/2021 07:12

April 22 (Reuters) - Kinnevik AB  KINVb.ST :
    * KINNEVIK INVESTS SEK150 MILLION IN MATHEM’S SEK1.1 BILLION FUNDING ROUND
    * KINNEVIK INVESTS SEK150 MILLION IN MATHEM’S SEK1.1 BILLION FUNDING ROUND
    * KINNEVIK - EXISTING INVESTORS AMF AND STENA INVESTED SEK 100M AND SEK 50M RESPECTIVELY,
INCREASING THEIR OWNERSHIP IN BUSINESS.
    * KINNEVIK - NEWLY RAISED CAPITAL WILL BE USED TO FUND MATHEM'S CONTINUED EXPANSION
    * KINNEVIK - EXISTING INVESTORS AMF AND STENA INVESTED SEK 100M AND SEK 50M RESPECTIVELY,
INCREASING THEIR OWNERSHIP IN BUSINESS
    * KINNEVIK - FUNDING ROUND ALSO INCLUDES A DEBT FACILITY OF SEK 700M PROVIDED BY P CAPITAL
PARTNERS AB.

Source text for Eikon:  ID:nGNE3nb2mK 
Further company coverage:  KINVb.ST 

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