Aridditive Gains Financial Backing from Suma Capital for Sustainable Construction
Deal News | Nov 11, 2024 | Iberian Lawyer
Suma Capital, through its ENION I Energy Fund, has invested in Aridditive in a financing round amounting to 500,000, with BeAble Capital also participating in the round. The investment is aimed at supporting Aridditive, a company specializing in the production of 3D-printed prefabricated concrete elements, to advance its goal of transforming the construction sector. Aridditive is focused on promoting sustainable practices within the industry and reducing its digital footprint to foster a model aligned with global sustainability goals. The legal advisory for this investment was provided by RocaJunyent, specifically partner Fede Segura Wallin and lawyer Guillem Navarro Monterde.
Sectors
- Construction Technology
- Sustainable Technology
- Private Equity
Geography
- Spain – The key participants, RocaJunyent and Suma Capital, as well as the legal and financial activities, are based in Spain.
Industry
- Construction Technology – Aridditive is involved in the innovative production of 3D-printed concrete elements, aiming to transform traditional construction methods.
- Sustainable Technology – The investment supports Aridditive's focus on sustainable construction practices and reducing digital footprints, aligning with global sustainability models.
- Private Equity – The investment by Suma Capital through the ENION I Energy Fund is a notable event in the private equity sector.
Financials
- 500,000 – Total amount of the investment round for Aridditive.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aridditive | Target company | Company | A company focused on 3D-printed prefabricated concrete elements to promote sustainability in construction. |
| Suma Capital | Investor | Company | A private equity firm investing in Aridditive through the ENION I Energy Fund. |
| BeAble Capital | Co-investor | Company | A participant in the financing round supporting Aridditive. |
| RocaJunyent | Legal Advisor | Company | Provided legal advisory services for the investment round. |
| Fede Segura Wallin | Partner, M&A and Corporate area | Person | A partner at RocaJunyent who advised on the transaction. |
| Guillem Navarro Monterde | Lawyer | Person | A lawyer at RocaJunyent involved in the transaction. |