
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.
- Amount raised
- $30M
- USD
- Announced
- 8 years ago
- Investors
- 1
Investors in MILVIK BIMA's Strategic equity investment1
- Allianz XParticipatingProfile of Allianz X →
Private Equity
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.
