Total amount raised
SEK3.4 Billion
Latest funding date
2/1/2024
Location
DBT has successfully raised funding through two rounds, with notable investors including the European Investment Fund and NatWest Bank. The company specializes in providing flexible financing solutions to small and medium-sized enterprises (SMEs) to foster innovation and growth.
Keep reading to explore the intricacies of DBT's fundraising journey and the investors backing this innovative lendtech platform.
What Is DBT?
DBT is a lendtech company based in Stockholm, Sweden, specializing in providing flexible financing solutions to small and medium-sized enterprises (SMEs). The company operates within the Banking, Financial Services, and FinTech industries.
Founded with the mission to foster innovation and growth, DBT employs a team of 11-50 individuals. The company offers a range of business loans tailored to meet the unique needs of Swedish limited companies, helping them navigate growth challenges and opportunities.
How Much Funding Has DBT Raised?
- Funding Round: Debt Financing
- Amount Raised: SEK 3,100,000,000
- Date: October 2022
- Lead Investors: NatWest Bank, Varde Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand lending capabilities and support more SMEs in Sweden.
- Funding Round: Debt Financing
- Amount Raised: SEK 285,000,000
- Date: February 2024
- Lead Investors: European Investment Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance financial products and services for SMEs.
Total Amount Raised: SEK 3,385,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- European Investment Fund
- Details: The European Investment Fund (EIF) is a major investor in DBT, participating in multiple debt financing rounds. It focuses on supporting SMEs and fostering innovation across Europe.
- Investment Focus Areas: SMEs, innovation, growth
- Notable Investments: DBT
- NatWest Bank
- Details: NatWest Bank is a significant investor in DBT, involved in recent debt financing rounds. It is a major retail and commercial bank in the United Kingdom.
- Investment Focus Areas: Retail banking, commercial banking, financial services
- Notable Investments: DBT
- Varde Partners
- Details: Varde Partners is a global alternative investment firm and a key investor in DBT. It specializes in credit and value investing strategies.
- Investment Focus Areas: Credit, value investing, alternative investments
- Notable Investments: DBT
What's Next for DBT?
DBT stands at the cusp of significant growth opportunities, driven by the increasing demand for flexible financing solutions among SMEs in Sweden. The company's innovative approach positions it well to capture a substantial market share, potentially leading to further expansion and increased lending capabilities.
Future fundraising efforts are likely to be bolstered by the strong performance and market potential of DBT. With a proven track record of securing substantial funding, the company is well-placed to attract additional investments to fuel its growth trajectory.
However, DBT may face challenges such as regulatory changes and market competition. Navigating these hurdles will require strategic planning and adaptability, ensuring the company remains a leader in the lendtech space.
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