Sunday May 31, 2020

Draper Esprit makes first post-IPO investment

Company takes stake in Swedish owner of health and fitness app

18th July, 2016
Brian Caulfield, partner at Draper Espirit Pic: Fergal Phillips

Venture capital firm Draper Esprit, which recently listed on the Irish Stock Exchange's ESM and London's AIM market, has made its first investment since its flotation.

It has invested £3.1m to acquire a stake in Stockholm-based digital health company Lifesum. Draper Esprit has invested for the first time alongside Nokia Growth Partners, and existing investors Bauer Media and VC SparkLabs Global Ventures. Draper Esprit's Vishal Gulati will join the Lifesum board.

Lifesum, launched in...

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