November 14, 2016

EUR 3.6 million funding boost for Midaxo

Headquartered in Helsinki, Midaxo also has offices in Boston and Amsterdam.
Headquartered in Helsinki, Midaxo also has offices in Boston and Amsterdam.
Midaxo

Finnish Industry Investment (FII) and Swedish EOC Capital lead investment round for mergers and acquisitions (M&A) digitising expert.

Alongside FII and EOC Capital, Finnvera and a group of business angels also invested in the Finnish company.

Midaxo’s cloud software drives an efficient end-to-end process, from target identification and due diligence to integration. Acquirers thus systematise and simplify their M&A activity faster and with ease, and minimise risks in strategic, complicated, and time-critical deals.

The company is using the funding to expedite product development and expand customer-facing activity in the US and Europe. Thus far Midaxo has accumulated almost 100 customers in the United States and Western Europe, including the likes of Hewlett Packard Enterprise, Hitachi Rail, Philips and PTC.

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