Hexa Secures €29M in European Bank Financing to Fuel Startup Growth and Expansion
Hexa, a prominent player in the startup ecosystem, has successfully secured a significant funding boost of €29 million through a financing agreement with four leading European banks, including Belfius, Caisse d’Epargne Hauts de France, BNP Paribas Fortis, and CIC. This strategic funding aims to enhance Hexa’s efforts in launching and scaling innovative startups over the coming years.
Details of the Financing Agreement
The newly acquired financing, structured as a revolving credit facility, comes on the heels of Hexa’s successful €35 million equity raise in 2024. This influx of capital is anticipated to significantly augment the company’s liquidity, enabling it to:
- Expand its startup creation initiatives.
- Support existing ventures more effectively.
- Launch new and innovative projects.
Hexa’s Impressive Track Record
Founded in 2011, Hexa has made remarkable strides in the startup landscape, successfully launching 50 companies to date. In just 2024, Hexa introduced 10 new startups and witnessed a collective fundraising of €70 million from notable investors such as Point9 Capital, LocalGlobe, Eight Roads, and BPI France. A standout achievement for the company was the successful exit of Numeral, which merged with Mambu.
Future Plans and Aspirations
With the new financing in hand, Hexa is poised to accelerate its operations, invest in promising opportunities, and increase its annual startup launches. The company has set an ambitious target to establish 13 new ventures in 2025, contributing to its long-term goal of launching 30 startups each year by 2030.
For more insights into Hexa’s growth strategy and its impact on the startup landscape, visit their official website.
