Danish startup Ulobby lands more than €1 million and expands to the Nordics
Summary
Danish startup Ulobby, which provides a platform for Public Affairs and stakeholder management, has closed a new funding round in order to expand into the Nordics and boost its presence in Brussels. The initial feedback has been incredibly positive and, as the lobby and Public Affairs market in Sweden is considerably bigger than in Denmark, we see a significant growth potential. As a consequence of the Covid-19 pandemic, many industries have been put under severe pressure; Governments worldwide have initiated relief packages, subsidies, and postponed deadlines to give financial support to companies in need. Simultaneously, many businesses have realised the importance of being able to influence the roadmap for reopening society, ultimately making advocacy a matter of the company’s life or death. It is evident that the political uncertainty caused by the pandemic has made the importance of Public Affairs clearer among management in companies and organizations, and therefore many see the potential in tools like ours,” explained co-founder Anders Kopp Jensen.