ViriCiti Raised €6.3M at €31M Valuation

Dutch energy startup ViriCiti just raised €6.3 million from Energy Impact Partners (EIP) and others.

This actually means that, based on comparable deals, ViriCiti sold an estimated 20% equity stake in their company to EIP at a price of €6.3 million.

This in turn means that ViriCiti is valued priced at an estimated €6.3 million / 20% = €31 million post-money.

Price startup = price deal / equity stake sold

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