Fram Skandinavien

Liven Technology raised an equity funding round from VinVentures, valuing Liven at 1.8 mUSD post-money.

The current funding round valuation of Liven was -43% below its prior NAV valuation in the Group’s report. Hence, in accordance with the set valuation principles, the Group wrote down its shareholding in Liven to this most recent transaction valuation. As a result, there was an overall NAV reduction of ca. -6 mSEK associated with Liven’s transaction, adjusted for ownership dilution, corresponding to a -7% m-on-m NAV reduction. 
 
The June NAV decreased by -10% m-on-m.