Limina raises a €2.53M Series A, led by Industrifonden
Limina has raised a €2.53M Series A fundraise, led by Swedish venture capital firm, Industrifonden. In addition, existing investors including Vidici Ventures, STOAF SciTech, Almi Invest and Justin Wheatley, the founder of StatPro, also participated in this round. The new capital will now go into scaling the offering, including further product development and strengthening the expert-led services organisation that complements its technology solution.
“With the backing of Industrifonden’s expertise, we will expand the core offering – supporting even more forward-looking asset managers to achieve their investment management goals.
As more and more clients realise that there is, in fact, a modern alternative that can evolve and flex as their businesses grow and requirements change, Limina is able to help more asset managers. The digital first, ‘always on’ nature of society calls for technology that matches these characteristics. By blending the benefits of a traditional SaaS model with the flexibility and configurability of an enterprise IMS, we will continue to offer improved investment workflows for our clients.”
/ Limina Insight July 2021
Vidici has a good experience of co-investing with Industrifonden and we are now happy to welcome them onboard Limina. Their long track record of FinTech investments and their expertise within the sector brings great value to the operations and they share Vidici’s view on Limina and the market opportunity. We look forward to be part of the journey ahead!