Ed McDermott and Alfredo Pascual from SEED Innovations Ltd (AIM:SEED, OTC:FFRIF) sat down with Proactive London to discuss the recent round of fundraising for one of its portfolio companies.
SEED invested in Eurox Group, a German medicinal cannabis company last year.
Recently, the group has raised an additional €4.4mln from new and existing investors at a 62% premium to July 2021 fundraise, increasing the carrying value of SEED's approximate 9% holding in the firm.