The Federated Wireless funding round comes hot on the heels of the Hawkeye360 fund-raise in August 2019. We estimate that the Federated Wireless round provides a further NAV uplift of $22m, equating to 4p per share (net of the $10m cash invested). Allied Minds has now delivered additional validation for two of its three principal portfolio companies, with 2019 funding rounds closed with strategic investors (in line with its June AGM statement), each offering material NAV uplifts. We calculate
05 Sep 2019
Allied Minds - Federated Wireless $51m Series C financing
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Allied Minds - Federated Wireless $51m Series C financing
The Federated Wireless funding round comes hot on the heels of the Hawkeye360 fund-raise in August 2019. We estimate that the Federated Wireless round provides a further NAV uplift of $22m, equating to 4p per share (net of the $10m cash invested). Allied Minds has now delivered additional validation for two of its three principal portfolio companies, with 2019 funding rounds closed with strategic investors (in line with its June AGM statement), each offering material NAV uplifts. We calculate