Bdeo has secured €7.5 million in funding to enhance its technological solutions and accelerate its international expansion in the insurance industry across Europe and Latin America.
Target Information
Bdeo, a rapidly expanding technology firm specializing in Visual Intelligence for the insurance and fleet sectors, has successfully raised €7.5 million to enhance its international growth and solidify its presence in Europe and Latin America. This funding round was backed by new investors including Armilar, Hollard, CDTI, and Íope Ventures, along with existing investors K Fund and Blackfin joining the effort.
In recognition of its innovative solutions, Bdeo was awarded the European Innovation Council's 'Seal of Excellence', a prestigious designation awarded to only 160 companies annually by the European Commission. This acknowledgment underscores the company's potential for significant contributions to the industry and aligns with grants received from the Comunidad de Madrid and red.es.
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Industry Overview in Europe and Latin America
The insurance industry in Europe and Latin America is undergoing a transformation fueled by advancements in technology. Companies are increasingly turning to digital solutions to streamline processes and enha
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Disclosed details
Transaction Size: $8M