Wistrand advises Juni Technology AB in connection with an investment round of SEK 185 million
Wistrand Law Firm has advised the Gothenburg-based company Juni in connection with an investment round of SEK 185 million. Investors include partners from DST Global, Felix Capital and follow-on investments are made by Cherry Ventures and other shareholders.
Juni is revolutionizing banking for e-commerce entrepreneurs with a platform that gives the digital entrepreneur a clear picture of the entire company’s finances. As a financial companion, Juni wants to make it as simple as possible for e-commerce entrepreneurs to focus on running their business. Together with the card supplier Visa, Juni has developed a card that is created for e-commerce.
The company was founded in 2020 and since March this year, the company’s transaction volume has increased by 500 percent on a monthly basis. In the coming year, June plans to grow from 28 to 100 employees.