Wefox Gets €151M by Capital Increase, Credit Line Refinancing

Wefox has secured funding of €151 million, consisting of a capital increase of €76 million, mainly subscribed by existing investors, and the refinancing of an existing credit facility of €75 million by Searchlight Capital Partners’ Searchlight Opportunities Fund II, according to an emailed statement.

• Wefox says this puts the company in a position to return to profitability in the 2025 financial year
• NOTE: Wefox in Talks For €150m Refinancing, Sky Reports

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Laura Malsch

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