Appnovation Receives £6.8M in Follow-On Equity Funding
Summary
EMEA represents a key region for Appnovation and under the leadership of General Manager Andrew Dunbar, who joined the company in 2018, the team has grown from 55 to 70 employees over the last year. “Over the past year, we’ve made strategic hires, deepened capabilities and accelerated international growth with the help of an initial round of investment funding. We will continue that global growth trajectory and look at expanding our footprint in strategic markets, like Europe, with this new injection of funding,” said Arnold Leung, Founder and CEO of Appnovation. As international risk experts, we equip Canadian companies with the tools they need – the trade knowledge, financing solutions, equity, insurance, and connections – to grow their business with confidence. To help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021.