UK - Bankinvest and Espirito Santo co-lead £10.4m investment in Atraverda
Denmark-based Bankinvest New Energy Solutions and Portugal-based Espirito Santo Ventures have co-led a ТЃ10.4m series-B funding round for Atraverda, an advanced chemicals company.
Exisiting investors Scottish Equity Partners, Chord Capital, Finance Wales and US-based EnerTech Capital and OnPoint Technologies all particpated in the financing. The capital will be used to continue the company's organic growth, focusing on the development of the product portfolio and commercial opportunities.
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