Author: Martin Seppala
Excedea raises 700 KEUR for Smart Light company Walkia
Walkia Group is a leading developer and manufacturer of LED lights and wireless control systems. Walkia improves its customers’ competitiveness and environmental credentials with its energy efficient lighting solutions. The company specializes in big, demanding installation, such as sports halls, large retail and factories. More information concerning the company’s reference solutions can be found under https://www.walkia.com/references.
Walkia Group is experiencing fast growth in demand and therefore decided to raise financing to support its growth efforts in Northern Europe. Walkia teamed up with Excedea and raised 700 KEUR in financing from investors in Q1 2021.
“The support from Excedea was very valuable and efficient. We quickly got the financing we needed and Excedea helped us in all the stages: from creating the necessary materials, to finding relevant investors, and supporting with negotiation and contracting,” says Lauri Pääkkö, CEO of Walkia group.
“It has been a privilege working with Walkia. The company is quickly becoming a leader in its field, and its great to see the strong company and hard-working team becoming even stronger through the financing we helped to raise,” says Martin Seppälä, Partner and Chairman at Excedea.