LifeBoard ApS has raised up to 2.4 million kroner in funding from eight DanBAN investors, supported by a matching contribution from Growth Fund Denmark, to expand its innovative water safety solutions across the Nordic region.
Target Information
LifeBoard ApS, a North Jutland-based startup, has recently secured a significant investment aimed at promoting the company's ongoing growth. Founded in 2019, LifeBoard has developed innovative rescue equipment designed to replace traditional flotation devices at beaches and lakes. The company's unique surfboard-like design facilitates faster rescue attempts during drowning incidents, and it has already been utilized in various life-saving operations.
The team behind LifeBoard has successfully brought together a group of investors who recognize both the life-saving potential and the business opportunities associated with the company's offerings. With the new capital infusion, LifeBoard is also strengthened by a dedicated and experienced board of directors, including Thomas Black-Petersen as the new chairman and lead investor.
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Industry Overview in Denmark
Denmark boasts a robust tourism industry, attracting millions of visitors to its scenic coastlines and lakes annually. With outdoor recreational activities such as swimming being immensely popular, the import
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in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $0M