OVRSEA Raised €1.9M at €9.5M Valuation

French transportation startup OVRSEA just raised €1.9 million from Kima Ventures and others.

This actually means that, based on comparable deals, OVRSEA sold an estimated 20% equity stake in their company to Kima Ventures at a price of €1.9 million.

This in turn means that OVRSEA is valued priced at an estimated €1.9 million / 20% = €9.5 million post-money.

Price startup = price deal / equity stake sold

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