Avail advised Mandatum Asset Management on the EUR 22 million funding round of Haltian

Avail advised Mandatum Asset Management’s Growth Equity team in investing in Haltian, a global Internet of Things (IoT) hardware and software solution provider that is focused on making buildings smarter and more connected. MAM GE team led the EUR 22 million funding round, which included participation from Varma, Tesi and Ventic.

Haltian has made a recent breakthrough in the international proptech market, as evidenced by the company’s growth rate of nearly 50% over the past three years, and reaching revenues of some EUR 20 million in 2022. Haltian IoT services include the Empathic Building, a digital twin service for smart buildings, and Thingsee which has a wide array of use cases related to lowering building running costs, informing data-based decisions and making buildings more sustainable.

https://www.mandatumam.com/news-and-insights/news/mandatum-asset-management-growth-equity-ii-invests-in-haltian-a-global-technology-company-focused-on-making-buildings-smarter/

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