Inveready achieves the first close of €52M for its new Convertible Tech Notes fund
Convertible Tech Notes I aims to establish a new investment category within Inveready after years of experience in convertible notes through other vehicles of the firm, which have deployed over €200M across more than 100 transactions using this product.
San Sebastián, August 6, 2024
Convertible Tech Notes I aims to establish a new investment category within Inveready after years of experience in convertible notes through other vehicles of the firm, which have deployed over €200M across more than 100 transactions using this product. The fund will invest between €1.5M and €3.5M in 15-20 technology companies across Spain and the rest of Europe, maintaining a sector-agnostic approach but with a clear focus on technology-driven models with traction and recurring revenue in sectors such as Health, Cybersecurity, Financial Control, Telecommunications, Data & Analytics, Industrial, Artificial Intelligence, and similar fields. The investment strategy will be executed through convertible instruments for companies in their expansion phase, showing signs of maturity and high growth potential.
06/08/2024
Inveready achieves the first close of €52M for its new Convertible Tech Notes fund
Convertible Tech Notes I aims to establish a new investment category within Inveready after years of experience in convertible notes through other vehicles of the firm, which have