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Growth financing for a manufacturer of fishing sonars

Company profile:

The company produces innovative, portable sonars used by anglers worldwide. The company designs, develops and sells technologically advanced devices enabling the analysis of water bodies and the location of fish. The company’s products are available in over 60 countries.

Purpose of the financing:

The financing was allocated to support the company’s further growth, including working capital, the implementation of ongoing investments.

Transaction parameters

Region: Baltics

Amount: EUR 7 million

Financing date: 2023