“During the third quarter of the year, we have worked goal-oriented on divesting portfolio companies, reducing indebtedness, and streamlining the business with a focus on AI. During the third quarter of the year, our efforts resulted in a turnaround...
EPTI AB, a Stockholm-based Venture Builder, raised over €2M in funding.
The round was subscribed by the entire management group and all prior owners. The investment round was led by Allanova AB and included notable investors Mattias Hedwall, Gerard De Geer and Tord Lendau.
The company intends to use the proceeds to accelerate its strategic expansion and will continue building new ventures during 2020.
Founded in 2017, EPTI AB (formerly known as M2BIT AB), is a Venture Builder that empowers innovation using its distributed teams to build, invest in and transform ideas globally. EPTI AB focuses on its four business models: consulting with large companies (Enterprise), joint-ventures together with partners (Partner), creating ventures from scratch (Transform) as well as investing cash and technology in third-party ventures (Invest).
Harmonizing EPTI AB’s flexible methodology, multi-disciplinary talent and expansive business network, EPTI AB has a unique position identifying geographic and sector inefficiencies and satisfying real needs of consumers and businesses alike. Over the past two years, EPTI AB has built an investment portfolio of ten companies and, utilizing the funding and trust of our shareholders, our goal is to double that in the coming year!