Fundz

Logistea raises approximately SEK 250 million in a directed share issue of 18,940,000 ordinary shares of series B to finance further property acquisitions and expansion.

PRIVATEMar 25, 2024

Round Type

Series B

StockholmReal Estate

Investors

M2 Asset ManagementNordikaSlättöLänsförsäkringar FondförvaltningFourth AP Fund

Description

Logistea has completed a directed share issue of 18,940,000 ordinary shares of series B, raising approximately SEK 250 million. The funding round saw participation from Swedish and international institutional investors, including the Fourth AP Fund, Länsförsäkringar Fondförvaltning, as well as existing shareholders Slättö, Nordika, and M2 Asset Management.

Quick answer

Logistea AB raised an undisclosed amount in a Series B round, dated March 25, 2024. Investors: M2 Asset Management, Nordika, Slättö, Länsförsäkringar Fondförvaltning and Fourth AP Fund. Logistea AB is based in Stockholm, Stockholm County, Sweden.

How much did Logistea AB raise?
Logistea AB raised an undisclosed amount in a Series B round on March 25, 2024.
Who invested in Logistea AB?
M2 Asset Management, Nordika, Slättö, Länsförsäkringar Fondförvaltning and Fourth AP Fund are named as investors in this round.
What does Logistea AB do?
Logistea is a real estate company in warehousing, logistics and light industrial, with the vision of being the natural partner for companies that demand modern and sustainable premises in this segment.
Where is Logistea AB based and how big is it?
Logistea AB is based in Stockholm, Stockholm County, Sweden.
Who are the decision-makers at Logistea AB?
Fundz holds 1 contact at Logistea AB. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Logistea AB that raised within 45 days of this round, from Fundz verified event records.

  • 959 U.S. Single-Family Rental Units raised $73K (Pre-Seed) on May 9, 2024.
  • Agora raised $5M (Seed) on May 2, 2024.
  • Inhabitr raised $27M (Series B) on April 30, 2024.
  • SafeBase raised $33M (Series B) on April 30, 2024.
  • Backflip raised $15M (Series A) on April 29, 2024.
  • Zefir raised $12M (Funding Round) on April 23, 2024.

Who to call at Logistea AB, and when

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Company Information

Company

Logistea AB

Location

Stockholm, Stockholm County, Sweden

About

Logistea is a real estate company in warehousing, logistics and light industrial, with the vision of being the natural partner for companies that demand modern and sustainable premises in this segment. Logistea's growth target is a property value exceeding SEK 15 billion by the end of 2024, creating 25,000 square meters of new space annually.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Logistea AB raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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