Italian private equity firm Ambienta has sold stoves and boilers manufacturer Aico to Norway-based Jøtul, a portfolio company of OpenGate Capital.
Danish VC Heartcore Capital, UVC Partners and existing investor Picus Capital also take part
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Fresh capital will help the provider of cloud access services expand in western Europe
DBay has also negotiated a new revolving credit facility for the transport and logistics company