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Funding roundStrategic equity investment

MILVIK BIMA Strategic equity investment

MILVIK BIMA raised $30M in a Strategic equity investment from Allianz X. It was announced on 19 December 2017.

1 sourceSource: SLA Funding IndexHow we verify →
Amount raised
$30M
USD
Announced
8 years ago
Investors
1

Investors in MILVIK BIMA's Strategic equity investment1

About this round

TechCrunch reported the total Allianz X transaction as $96.6m, but explicitly stated only $30m was new equity; the remainder was a secondary share purchase primarily from LeapFrog. Only the $30m primary capital is included as amount raised here, not the secondary purchase or full transaction package. Deputy CEO Mathilda Strom reported a pre-money valuation 'around $260 million' and post-money 'around $300 million'; these are approximate disclosures, not exact values, and are preserved verbatim rather than normalized into exact canonical history. Do not calculate valuation from proceeds. Announcement-date basis; exact closing date unknown. Historical BIMA group financing, before its holding-company move to Singapore, not a separate financing of Ghana subsidiary5745.

Sources for this round1

Frequently asked about MILVIK BIMA's Strategic equity investment

How much did MILVIK BIMA raise in its Strategic equity investment?
$30M, announced on 19 December 2017.
Who invested in MILVIK BIMA's Strategic equity investment?
1 investor is named for this round: Allianz X.