EQT has stated, as part of the presentation of its Q1 results, that fundraising for its flagship EQT IX vehicle was "ongoing but expected to take longer" due to the Covid-19 pandemic.
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2
Deal is the second from Bid Equity II, which held a close in November 2019 and targets B2B software
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round