Gilion raises 10 million euros

Gilion's claim in the start-up financing sector is underpinned by a fresh capital injection of 10 million euros. Gilion stands out for its strong growth, as evidenced by a four-fold increase in revenue and an eight-fold increase in the number of companies on its platform in the past year

STOCKHOLM, April 10, 2024 - The European growth and funding platform for startups and scaleups, Gilion, has raised €10 million in a recent funding round. Gilion's successful funding round is supported by investors such as LocalGlobe and Creandum, as well as renowned financial managers and seven Unicorn founders. The seven Unicorn founders are Hjalmar Winbladh (Epidemic Sound founding partner EQT Ventures), Jacob De Geer from IZettle, Timo Soininen (Small Giant Games), Ilkka Paananen (Supercell), Sebastian Knutsson (King), Riccardo Zacconi (King) and Steve Anavi (Qonto). In total, the equity raised for Gilion now amounts to an impressive 40 million euros.

Strong financial year

The financing round is another milestone for Gilion after an extremely successful financial year. Compared to the previous year, the company quadrupled its revenue and even increased the number of companies on its platform eightfold.

Gilion has been active in Germany since March 2023 and offers technology companies access to loans of up to 10 million euros without dilution. With a grace period of up to 2 years and a repayment period of up to 6 years, Gilion represents an attractive financing alternative. The company has a total capital pool of 400 million euros, which serves as a supplement to traditional venture capital financing.

In the current market environment, founders increasingly require different financing options that are tailored to their individual needs.

Oscar Werner, CEO of Gilion

Oscar Werner, CEO of Gilion, emphasizes the importance of alternative financing options for founders in the current market situation. Raising debt capital can reduce the dilution of company shares and thus open up new growth options for founders.

With its products and data-driven approach, Gilion offers entirely new opportunities for startup financing and the European tech ecosystem

Andrew Konopelski, investor and former Head of EQT Credit

A key factor in Gilion's success is the use of machine learning and artificial intelligence for long-term growth financing. The platform provides technology companies with detailed insights into their performance data as well as real-time analysis of key growth metrics and future forecasts.

Henrik Landgren, CPTO and co-founder of Gilion, emphasizes the company's innovative strength. With its growth analytics platform, Gilion gives young companies access to comprehensive, data-driven analyses that were previously reserved for larger companies.