case / 13 Jun 2022

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

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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.

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