Navian carries out a share issue via Pepins

November 22, 2022

Navian Tech has decided to issue up to SEK 25 million shares in collaboration with Pepins. The goal of the new issue is to capitalise on the company for further development of the digital platform and to take advantage of the current market possibilities resulting from an unstable market that benefits the company and the digitalisation process. 

About Navian

Navian Tech's products and services digitise the real estate development industry to open up the industry to small and medium-sized real estate developers and investors.

Navian Tech is in a strong growth phase. The company believes that current market conditions will allow it to take market shares from more traditional companies in the industry. As a result, Navian Tech AB is seeking SEK 25 million in growth capital.

In total, over 620 projects worth more than SEK 50 billion have been listed on the platform. Navian Tech has analysed projects worth more than SEK 4 billion until November 1, 2022. 

The growth capital will mainly be used to:

Navian Tech plans to use the capital to strengthen the brand, increase the number of customers and further develop the digital platform. In addition, Navian Tech plans to combine functionality into one single application to work with a more efficient and uniform flow.

"We are a pioneer in digitisation in our industry. With a new capital injection, I am convinced that we will be able to increase our growth rate and take advantage of the commercial opportunities that the real estate market offers today for innovative companies like us," says Sergey Kazachenko, CEO of Navian Tech.

Subscription of the issue

For more information about the new share issue and the complete share issue memorandum, please visit:

By the team at Navian, Published November 22, 2022

Navian Administrator

Get the latest news from Navian!

Subscribe to Navian and receive guides and industry news directly to your inbox