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Announced

Completed

Creandum led a $16m Series A round in Embat.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Acquisition

Spain

Completed

Single Bidder

FinTech

fintech company

Private

Domestic

treasury management software

Minority

Friendly

Synopsis

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Creandum, an international venture capital fund, led a $16m Series A round in Embat, a fintech specializing in corporate treasury management, with participation from Samaipata, 4Founders, Venture Friends, as well as angel investors Kilian Thalhammer and Martin Blessing. “Having the support of such a prestigious international fund as Creandum aligns with our aspiration to grow in major European markets. Their experience supporting top-tier fintechs gives us great confidence to continue our exponential growth," Antonio Berga, Embat Co-Founder.

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