Setterwalls has assisted Mubadala Capital in connection with an investment round in Juni Technology amounting to SEK 978 million

Setterwalls has, together with the international law firm Goodwin Procter (UK), assisted Mubadala Capital in connection with its investment in fintech company Juni Technology AB. The investment round amounted to a total of USD 100 million, approx. SEK 978 million and was led by Mudadala Capital, which became a new shareholder through this investment. Several existing shareholders, including EQT Ventures, Felix Capital och Cherry Ventures, also participated.

Swedish fintech company Juni Technology AB was founded in 2020 and offers a financial management platform for ecommerce that brings together physical and virtual cards, credit cards, accounting, analytics and digital advertising platforms, giving businesses a ‘holistic view’ of their finances. Mubadala Capital is an investment fund owned by the Government of Abu Dhabi.