Terms
- Announced
- 30 Mar 2023
- Instrument
- Equity
- Amount
- US$49.2mReported as EUR 46m, converted at 1.0705 USD/EUR (March 2023 average)
- Source
- agreena.com
Parties
- Project developer
- Agreena ApS
- Recipient type
- Technology company
- Country
- Denmark
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis HV Capital Investor US$8.21m Estimated: an even share, 1 of 6 AENU Investor US$8.21m Estimated: an even share, 1 of 6 Anthemis Investor US$8.21m Estimated: an even share, 1 of 6 Gullspang Re:food Investor US$8.21m Estimated: an even share, 1 of 6 Kinnevik Investor US$8.21m Estimated: an even share, 1 of 6 Export and Investment Fund of Denmark (EIFO) Investor US$8.21m Estimated: an even share, 1 of 6
Carbon
- Pathway
- Soil carbon / regenerative agriculture
What happened
- HV Capital led. The company release states euro only; the USD 50m carried in trade press is a conversion, not a company figure.
Kumo note
- Agreena raised its Series B to build the payment rails for soil carbon rather than the measurement alone, pairing fintech investors with climate funds. Denmark’s state export and investment fund sits on the cap table alongside the commercial money.
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