Augmentum’s portfolio company, Grover, announced the completion of a $330m Series C funding round. The transaction comes at a time during which macroeconomic and geopolitical uncertainty has adversely impacted markets, underpinning the robustness of high quality businesses in AUGM’s portfolio. In addition to the positive market read-across, the funding round as well as Abrdn’s acquisition of interactive investors (“ii”) are expected to positively impact AUGM’s year-end NAV per share, with the co ....
07 Apr 2022
Grover Funding Round as Next Step toward 250p
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Grover Funding Round as Next Step toward 250p
Augmentum Fintech PLC (AUGM:LON) | 0 0 (-1.1%) | Mkt Cap: 161.4m
- Published:
07 Apr 2022 -
Author:
Jens Ehrenberg -
Pages:
3
Augmentum’s portfolio company, Grover, announced the completion of a $330m Series C funding round. The transaction comes at a time during which macroeconomic and geopolitical uncertainty has adversely impacted markets, underpinning the robustness of high quality businesses in AUGM’s portfolio. In addition to the positive market read-across, the funding round as well as Abrdn’s acquisition of interactive investors (“ii”) are expected to positively impact AUGM’s year-end NAV per share, with the co ....