Listed I Love Lund makes follow-on investment in LifeFinder

I Love Lund makes a follow-on investment of SEK 250,000 in LifeFinder. In connection with LifeFinder’s rights issue, I Love Lund invests SEK 250,000 through the subscription of 250 A shares at SEK 1,000 each. With a pre-money valuation of SEK 20 million, we will now receive up to SEK 2 million as part of this investment round, combining A and B shares issued.

I Love Lund AB currently holds 2,239 of the 20,100 outstanding shares, or 11.14% of the company’s capital, making it one of LifeFinder’s largest owners. The stake in the issue slightly exceeds the pro rata allocation, demonstrating the high level of confidence that I Love Lund has in LifeFinder. It is also a strong sign of confidence in the future of LifeFinder.

The capital raised will be used for sales and marketing activities and to increase delivery capacity. If the target is met, this should secure a significantly larger Series A funding round for rapid scale-up of the company’s activities, planned for the first half of 2025.

For more information, please see the full press release (in Swedish only) here.

For more information: Contact Anders Schening, CEO 
Mobile: +46 703 704585