Libelium — Unstaged equity

Kira Ventures, an energy-transition investor, bought into Libelium through a capital increase of undisclosed size. The money was to fund international expansion, Middle East projects (air-quality monitoring in Neom, a 1,500-node smart parking network) and more than 10% headcount growth. Existing shareholders at the time included Axon Partners (since 2021) and EIT Urban Mobility, which became a shareholder in 2022 through Libelium's share-based acquisition of HOPU rather than through a funding round.