Report Q2, 2024
In February, we participated in the successful initial public offering of Boleron shares on the BEAM market, investing a sum of 60,000 BGN. The company raised a total of 3,170,769 BGN in additional capital.
The new companies we have supported since the beginning of the year are Native Teams and TETMET, with an investment of €100,000 in each.
Native Teams is a global platform for managing and paying remote employees. One of the founders, Jack, is based in England, while the other, Aleksandra, is in North Macedonia. The company employs a total of 220 staff members across 27 countries. It can be said that the entire team has a deep understanding of the problems they are solving, drawing from their own daily experiences.
TETMET is a company revolutionising the way we create metal and polymer components and structures. Its technology uses up to 98% less energy and up to 70% less material compared to current methods. The application of this technology spans across everything that surrounds us, indicating a vast market potential.
Watch a full recording (part of the meeting is in English) of MFG Invest’s investor meet, held in July 2024, where both founders of the new companies in our portfolio were present, here.
