The fund injection comes as an addition to VVRB’s EUR 20 million previous investment in Mondu in October 2022, bringing the total financing to EUR 50 million. As per the information detailed in the press release, Mondu plans to leverage the capital to continue its expansion across Europe and support further development strategies. Since its launch in October 2021, Mondu raised EUR 115 million and entered several collaborations to advance its expansion plans.
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