Company: Asteria AB

Transaction: Private placement

Issue volume: 10.0 MSEK

Date: September 2021

Asteria is a Stockholm based fintech startup developing AI-powered smart cash flow management technology for small and medium-sized businesses (SMEs). Their mission is to provide SMEs with a powerful cash management system that is almost exclusively used by large enterprises. The company was established in 2016 and, since then, has managed to build a strong business network around its service concept: Asteria Smart Cash Flow.

Augment acted as financial advisor to the company in the private placement.