Nanoradio secures growth financing
Nanoradio has secured growth financing of EUR 10 million from existing investors.
Existing investors Viking Venture, Creandum, Ferd, Industrifonden, Nordic Venture Partners, Innovacom and Teknoinvest have invested EUR 10 million in Nanoradio. With the new investment, Nanoradio will be well equipped to support its volume growth together with executing a more ambitious launch plan of a new line of competitive products.
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| Fund | Viking Venture III IS Argentum share 13.31% |
| Portfolio Company | Nanoradio |
| Date of Transaction | 2010-07-02 |
| Transaction | Finance round |
| Seller | |
| Buyer | |
| Size of Transaction | EUR 10.0m |
| Ind. Focus | ICT |
| Geography | Sweden |
| Stage | Venture |