Venture Map · Round

Sqrups — Other · €1.5M

Announced 2022-09-14 · Madrid · Retail

Global Social Impact Investments SGIIC entered Sqrups as a minority shareholder through GSIF Espana, its €60M direct-investment impact fund, in a deal structured as a capital increase of up to €3M plus a share purchase; the first disbursement was 50%, i.e. €1.5M, with the remaining €1.5M paid in July 2024. Investment manager Daniel Sandoval joined the board and the proceeds were earmarked to open stores over three years, taking the chain from about 50 to more than 120 own and franchised outlets (Sqrups had over €12M of sales at the time); Roca Junyent advised on the transaction.

RoundOther Amount€1.5M LeadGlobal Social Impact Investments Date2022-09-14 CityMadrid SectorRetail

Source article ↗ · www.sqrups.es ↗

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