Total amount raised
SEK3.4 Billions
Latest funding date
Location
DBT has successfully raised significant funding through multiple rounds, with notable investors such as the European Investment Fund and NatWest Bank. The company specializes in providing flexible business loans to SMEs, leveraging a sophisticated credit tech platform for efficient risk assessment and decision-making.
Keep reading to delve into the details of DBT's funding journey and the strategic investors supporting its innovative financial solutions.
What Is DBT?
Founded in 2017, DBT is a LendTech company based in Stockholm, Sweden. The company was established by Alexis Kopylov and focuses on providing business loans to small and medium-sized enterprises (SMEs).
DBT leverages a sophisticated credit tech platform to offer flexible financing solutions, including business loans, acquisition loans, and refinancing. Their services are designed to support the growth and innovation of SMEs across various industries.
With a team of 11-50 employees, DBT combines smart technology and deep expertise to deliver tailored financial solutions that go beyond traditional lending criteria.
How Much Funding Has DBT Raised?
- Amount Raised: SEK 3.1 billion
- 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.
- Amount Raised: SEK 285 million
- Date: February 2024
- Lead Investors: European Investment Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support high-growth SMEs involved in innovation, digitalization, and sustainability projects.
Total Amount Raised: SEK 3.385 billion. Current Valuation: Not publicly disclosed.
Key Investors
- European Investment Fund (EIF)
- Details: The EIF is part of the EIB Group and supports Europe's SMEs by improving their access to finance through a wide range of selected financial intermediaries. It designs, promotes, and implements equity and debt financing instruments targeting SMEs, fostering EU objectives in support of entrepreneurship, growth, innovation, research and development, the green and digital transitions, and employment.
- Investment Focus Areas: Entrepreneurship, Growth, Innovation, Research and development, Green and digital transitions
- Notable Investments: Not publicly disclosed
- NatWest Bank
- Details: NatWest Bank is a major retail and commercial bank in the United Kingdom. It provides a wide range of banking and financial services to personal, business, and commercial customers.
- Investment Focus Areas: Retail banking, Commercial banking, Wealth management
- Notable Investments: Not publicly disclosed
- Varde Partners
- Details: Varde Partners is a global alternative investment firm specializing in credit and value investing strategies. The firm manages assets across a variety of sectors, including real estate, corporate credit, and financial services.
- Investment Focus Areas: Real estate, Corporate credit, Financial services
- Notable Investments: Not publicly disclosed
What's Next for DBT?
DBT is poised to capitalize on a significant opportunity with SEK 285 million available for lending to Swedish SMEs, particularly those in high-growth sectors like innovation, digitalization, and sustainability. This funding, backed by the European Investment Fund, positions DBT to support the next wave of innovative companies in Sweden.
Future fundraising opportunities look promising, especially with the backing of the InvestEU programme, which aligns with EU policy priorities. However, DBT will need to navigate the complexities of lending to high-growth sectors and ensure compliance with financial regulations to maintain its momentum.
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