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Ark Kapital unlocks €150 million to help startups grow smarter.

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After raising €165 million to offer long-term alternative financing options in March, Stockholm-based ArK Kapital has roped in a €150 million senior secured debt facility from Pollen Street Capital.

The investment will enable the company to help startups grow smarter through AI-powered financial forecasts and non-dilutive funding.

Founded by six-time entrepreneur Oliver Hildebrandt (CEO), veteran banker Axel Bruzelius (COO), and Spotify’s ex-VP of analytics and former EQT Ventures partner Henrik Landgren (CPTO), ArK Kapital targets early-stage, fast-growing tech-driven companies.

Offering an alternative to equity-based funding, it focuses on non-dilutive loans to multi-sector European startups ranging from €1 million – €10 million.

ArK offers longer-term loans lasting up to eight years to give early-stage startups time to grow.

 

Read more on Tech Gist Africa:

Ant Group to take over Singapore-based payments firm 2C2P

Tofino Capital has closed the first round of a $10 million fund to support African startups

Allseated raises $15M in a new funding round led by Trinity Capital

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This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy. Read more on Tech Gist Africa:rnrnAnt Group to take over Singapore-based payments firm 2C2PrnrnTofino Capital has closed the first round of a $10 million fund to support African startupsrnrnAllseated raises $15M in a new funding round led by Trinity Capital”,”author”:{“@type”:”Person”,”name”:”Femi Thomas”,”url”:”https://www.techgistafrica.com/author/femithomas/”},”articleSection”:[“Europe”],”image”:{“@type”:”ImageObject”,”url”:”https://www.techgistafrica.com/wp-content/uploads/2022/04/ArK-Kapital-Sweden.jpg”,”width”:1658,”height”:874},”publisher”:{“@type”:”Organization”,”name”:””,”url”:”https://www.techgistafrica.com”,”logo”:{“@type”:”ImageObject”,”url”:””},”sameAs”:[“https://www.facebook.com/techgistafrica/”,”https://twitter.com/techgist_africa”,”https://www.instagram.com/techgistafrica/”,”https://www.linkedin.com/company/techgist-africa”]}}]]>

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