Metzler Bank

DGAP-News: va-Q-tec gains further renowned investor and strengthens equity base for next growth step

Retrieved on: 
Wednesday, November 10, 2021

As a consequence, the company's share capital will increase by EUR 325,498.00 (corresponding to approximately 2.5 % of the share capital) from the current EUR 13,089,502.00 to EUR 13,415,000.00.

Key Points: 
  • As a consequence, the company's share capital will increase by EUR 325,498.00 (corresponding to approximately 2.5 % of the share capital) from the current EUR 13,089,502.00 to EUR 13,415,000.00.
  • The new shares were fully subscribed by Lupus alpha Asset Management, and va-Q-tec generated gross issue proceeds of EUR 8.5 million.
  • With the capital increase, va-Q-tec gains a further renowned, long-term oriented investor in Lupus alpha Asset Management, which strengthens not only the shareholder base in light of the company's expected growth over the coming years but also the balance sheet structure.
  • In the first nine months of 2021, our revenue grew by 38 % and our EBITDA margin rose to 18 %.

Accelerator Frankfurt opens up to the world in a full livestreamed program

Retrieved on: 
Wednesday, April 29, 2020

Accelerator Frankfurt, Germany's leading startup acceleration programs, is holding all its sessions online and streaming them live to the world.

Key Points: 
  • Accelerator Frankfurt, Germany's leading startup acceleration programs, is holding all its sessions online and streaming them live to the world.
  • This online program focuses on blockchain and fintech solutions and is supported by leading institutions such as Silicon Valley Bank , Metzler Bank , Helaba Digital , and FrankfurtRheinMain GmbH .
  • The accelerator facilitates innovation and digitisation for financial institutions in Frankfurt, one of Europe's largest financial capitals with over 200 banks.
  • The program is live daily on Accelerator Frankfurt's Twitch , Youtube and Facebook from from 12:00 to 17:00 CET.