Arctic Securities acted as Sole Bookrunner in relation to the Private Placement of USD 15 million in Kalera AS. Despite challenging market conditions the transaction received strong support from both existing shareholders and new high quality investors.
Kalera is a technology leader in urban vertical hydroponics, growing clean and high-quality produce in a sustainable way near point of consumption. The net proceeds will finance construction of the company’s second large scale facility with an annual output of more than 10 million lettuce heads.
We would like to congratulate the Kalera team on a successful transaction and are looking forward to be part of this exciting journey.