We have assisted Fortino Capital ARKIV and Matexi Group in the EUR 5mio series A investment round in scale-up company Aproplan.
The investment round was led by Fortino Capital ARKIV and Matexi Group, along various existing investors including Showpad founders Pieterjan Bouten and Louis Jonckheere.
Aproplan develops a software enabling all construction process stakeholders to track progress by using real-time communication. The Brussels-based company which serves nearly all leading Belgian construction companies intends to use the newly raised funds to accelerate its marketing and sales capabilities in order to kick up the (traditionally cumbersome) construction sector to the next digital level.
Fortino is a long-term oriented venture capital and private equity focused fund providing growth and expansion capital as well as expertise to European entrepreneurs and companies with a focus on technology (SaaS based software platforms, big data analytics and TMT), industrial production (processing and specialty chemicals) and consumer goods.
Matexi Group is a family owned holding company comprising all real estate (development and agency) activities developed by Matexi Real Estate, and all investment activities developed by Matexi Investments. Matexi real Estate is represented in Belgium (through 9 regional offices), the Grand Duchy of Luxembourg and Poland, realizes an annual turnover of more than EUR 300mio and employs over 2,500 construction workers. Matexi Investment makes long-term investments in promising companies.
More information on the transaction can be found here and here.