Ventech in SEK 74m round for Capcito
International venture capital firm Ventech has taken part in a SEK 74m funding round for Swedish fintech company Capcito.
Ventech and Schibsted Growth, a Swedish investor, both joined the round as new investors, while SEB Venture Capital and Collector Ventures both returned after backing the company's previous round.
Ventech's Tero Mennander and Schibsted's Dan Ouchterlong will join Capcito's board in connection with the investment.
Previous funding
Capcito raised a seed round in 2015 and attracted further investment of SEK 20m from SEB and Collector in a venture round in 2017.
Company
Capcito was founded in 2015 and is headquartered in Stockholm. It offers three products through its digital platform, selling invoices, mortgaging invoices and corporate loans. The company has assisted with approximately SEK 800m in financing, according to its website.
People
Capcito – Michael Hansen (founder).
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