Ubikare — Unstaged equity

Mutua Madrileña, through its vehicle Mutuamad Innovación, bought a 16% stake in Ubikare for an undisclosed amount and took two board seats. Existing shareholders Basque Fondo de Capital Riesgo (SPRI) and ELNEX 95 put in more money alongside it. Crunchbase dates the close to 2021-10-22. Separately, in January 2022 the public Fondo SAADSS (SEPI) approved €500K of non-equity funding for the NAIHA platform, which is not counted as a round.