Skand almost triples its funding target to give people in three new markets the freedom to move
Finnish designed and built light electric vehicles give elderly people the ability to move independently and younger people a greener option for urban mobilityFinnish-based light electric vehicle designer Skand has raised €845,000 in an equity round using crowdfunding platform Invesdor. In addition to equity funding, Skand received a bank loan worth €1M to accelerate its expansion goals in Norway, Denmark and Germany.
Over the course of the share issue, investors subscribed approximately 14% of the company's equity on offer with the average investment being