Crescenta agrees to a financing line of 4 million with funds and accounts managed by BlackRock

Crescenta obtains a new line of financing of 4 million euros from funds managed by BlackRock and adds 9 million between capital and debt in six months.

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The Spanish digital manager Crescenta has closed a financing line for an amount of four million euros coming from funds and accounts managed by BlackRock, as detailed by the firm itself in a statement.

The objective of this agreement is to support, through debt, the technological innovation and business growth of Crescenta.

This new financing avenue adds to the round that the manager completed last April, in which Endeavor Catalys entered as a new partner and other investors, such as Kfund, FJ Labs, and Acurio Ventures, reaffirmed their support.

With this operation, Crescenta has managed to raise a total of nine million euros in six months between capital and debt, of which five million come from the financing round and four million from the newly subscribed financing line.