RLF - Preply (co-invest)
Sector: Education • Location: Ukraine
Source: European Bank for Reconstruction and Development (EBRD)
The project entails provision of a convertible loan to Preply Inc. through Horizon Capital Growth Fund IV Co-Investment I, L.P. Proceeds of the convertible loan will be used to finance AI self-learning and AI assessment and progress tools. Original investment, as well as the first follow-on investment in February 2024 financed acquisition of Preply Inc. shares through Horizon Capital Growth Fund I
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | signed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails provision of a convertible loan to Preply Inc. through Horizon Capital Growth Fund IV Co-Investment I, L.P. Proceeds of the convertible loan will be used to finance AI self-learning and AI assessment and progress tools. Original investment, as well as the first follow-on investment in February 2024 financed acquisition of Preply Inc. shares through Horizon Capital Growth Fund IV Co-Investment I, L.P. Proceeds were used primarily for research and development activities of Preply in Ukraine, while a portion of proceeds will finance acquisition of shares from existing shareholders. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
