Brief: VNV Global’S Portfolio Co Voi Technology Raises USD 160 Mln In New Funding

VNV Global AB (publ)

02/12/2020 07:07

Dec 2 (Reuters) - VNV Global AB (publ)  VNV.ST :
    * VNV GLOBAL’S PORTFOLIO COMPANY VOI TECHNOLOGY RAISES USD
160
MILLION IN NEW FUNDING
    * VOI TECHNOLOGY, YESTERDAY ANNOUNCED CLOSING OF A USD 160
MILLION
C ROUND, LED BY RAINE GROUP
    * VNV GLOBAL AND OTHER EXISTING INVESTORS, INCLUDING
BALDERTON,
CREANDUM, AND PROJECT A, ALSO PARTICIPATED IN ROUND.
    * FUNDING ROUND IS EXPECTED TO HAVE A POSITIVE IMPACT ON VNV
GLOBAL'S NET ASSET VALUE
    * FUNDING ROUND IS EXPECTED TO RESULT IN POSITIVE
REVALUATION OF
VNV GLOBAL'S HOLDING IN VOI TECHNOLOGY BY APPROXIMATELY USD 44
MILLION

Source text for Eikon:  ID:nMFNpyPFD 
Further company coverage:  VNV.ST 

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