Barcelona-Based €135M Sofina 35m September LomastechCrunch

Barcelona-Based €135M Sofina 35m September LomastechCrunch

Lomastech, a Barcelona-based start-up that specializes in enterprise software, recently announced that it has closed a €135M round of financing in September of this year. The round, which was led by Sofina, a leading European venture capital firm, included €35M from Sofina and other investors. This funding will allow Lomastech to expand its operations and focus on developing innovative products and services. In this article, we will discuss the details of the investment and the implications it has for the start-up.

Overview of Lomastech

Barcelona-Based €135M Sofina 35m September LomastechCrunch start-up that specializes in enterprise software. The company was founded in 2017 with the mission of providing innovative products and services to businesses. Lomastech has developed a number of products including a cloud-based platform, mobile apps, and analytics tools. The company has secured funding from a number of investors, including several venture capital firms and angel investors.

Details of the Investment

In September of this year, Lomastech announced that it had secured €135M in financing led by Sofina. The round included €35M from Sofina and other investors. This is Lomastech’s largest funding round to date and will allow the company to expand its operations and focus on developing its products and services.

The investment from Sofina is significant for Lomastech as it gives the company access to the expertise and resources of a leading European venture capital firm. With the investment, Lomastech is now well-positioned to expand its operations and focus on developing innovative products and services.

Implications of the Investment

The investment from Sofina is a major milestone for Lomastech, as it allows the company to expand its operations and focus on developing innovative products and services. The investment will also help Lomastech to strengthen its position as a leader in the enterprise software space.

In addition to the financial backing, Lomastech will also benefit from the experience and resources of Sofina. This includes access to a network of industry experts and potential partners, which can help Lomastech to further develop its products and services.

Conclusion

Barcelona-Based €135M Sofina 35m September LomastechCrunch is a major milestone for the company, as it allows the company to expand its operations and focus on developing innovative products and services. The investment will also help Lomastech to strengthen its position as a leader in the enterprise software space. With the backing of Sofina, Lomastech is now well-positioned to further develop its products and services.

Elishay Smith

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