Lovia has raised a capital round of 85K from three FiBAN angels. Combining the capital with a 100K R&D loan from Business Finland, they are now ready to leverage their raised funds and accelerate their growth to a new level. Mika Sarhimaa, one of the angels behind Lovia says, “When I first met the team, I was immediately interested by their business model which combines disruptive thinking with traditional and changing market practices, whilst having a strong commitment to corporate responsibility and good values”.
“With the raised funds we can focus on developing and scaling our fully transparent accessories production, which utilizes leftover materials. On a practical level we have been able to test methods that increase our visibility through our own channels,” Anna Lehtola, CEO of Lovia explains.
Congratulations Lovia on closing your round and best of luck going forward!
Anna Lehtola, Chief Executive Officer, Lovia
Amel Gaily, FiBAN Deal Flow Manager
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