Substrate AI — Post-IPO · €2M

The venture capital fund Impulse Tech Transfer CLM FCR subscribed a €2M capital increase, buying 4 million shares at €0.50 each. That valued the BME Growth-listed company at about €30M, and the fund gained the right to appoint a director. Earlier, in April 2023, Substrate AI had carried out a €963,161 capital increase by converting shareholder loans into equity.

LeadImpulse Tech Transfer CLM FCR RoundPost-IPO Announced19 Dec 2023Not counted in totals CityMadrid SectorArtificial IntelligenceSource M

Something wrong? Suggest a correction →