QR4events — Unstaged equity · €120K incl. debt: equity and debt, the split was not disclosed

QR4events closed its first funding round at €120K, with Sodena (the Navarre government's development company) and Enisa taking part. Sodena announced its share on 29 Aug 2023 as €50K, expandable to €80K, to fund the commercial plan and grow the team from 2 to 13 people by 2025. Enisa's part was most likely a participative loan. No source says whether Sodena's money was equity or a loan, so the round is left as Other. The €120K total was reported in December 2023 and comes from the combined Sodena and Enisa support. It is dated December 2023, when the close was reported; Sodena's 29 Aug 2023 announcement was an approval.