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New Deal


Announced

Completed

Addition led a €22m Series A funding round in Seqera Labs.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Venture Capital

Cross Border

Completed

Software

Private Equity

workflow software

Spain

Minority

Private

Synopsis

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Addition, a venture capital firm, led a €22m Series A funding round in Seqera Labs, a provider of open-source workflow orchestration software, with participation from Talis Capital, Speedinvest, BoxOne Ventures and Amino Collective. “Partnering with Addition, alongside our existing investors, Speedinvest and Talis Capital, as well as Boxone and Amino, demonstrates their belief in our direction and our ability to execute. Our ambition is to develop a portfolio of innovative products that positively impact millions of patients worldwide by optimizing drug research and discovery costs. We are delighted to be able to count on their support in achieving this goal," Evan Floden, Seqera Labs Co-Founder and CEO.

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