The Hague/Amsterdam, March 24, 2023
NPEX BV, the stock exchange platform for SMEs, has completed a financing round of €2 million. This financing round was led by existing shareholders, including CEO Mark van der Plas. Icecat Capital, the investment fund of Icecat NV, also joins as a new shareholder with an interest of just under 10%.
Icecat NV offers product information to retailers and web shops worldwide. The company focuses on improving the online shopping experience for consumers. Through Icecat Capital, the company invests in promising platform and SaaS companies such as VirtuaGym last year. With the investment in NPEX, Icecat Capital shows that it has confidence in the potential of the exchange platform and the value it can offer to SMEs.
The NPEX stock exchange brings entrepreneurs and investors together for financing, impact and returns. This offers SME companies the opportunity to raise capital through the issuance of bonds and share certificates. These securities can then be traded on the NPEX stock exchange. The platform has now helped many SMEs raise a total of more than €170 million. Icecat Capital's investment will contribute to the further development of the platform and increasing the possibilities for SMEs.
“We are pleased with the investment from Icecat Capital and the confidence they have in our platform”, says Mark van der Plas, CEO of NPEX.
“It allows us to further shape our ambition to make the capital market more accessible to SMEs and to further grow and improve the platform where private and institutional investors can trade securities.”
“Both as a listed company and as an investor, we are enthusiastic about the financing options that NPEX offers to SMEs”, said Icecat CEO, Martijn Hoogeveen.
“With our investment in NPEX, we want to further develop the tech platform and help give even more SMEs access to the
capital market. Not only within the Netherlands but also in neighboring EU countries.”
With the financing of €2 million and the addition of Icecat Capital as a new shareholder, NPEX is well positioned to further strengthen its position in the market and expand its services.
