Project Detail |
Location: Ukraine Project number: 54950 Business sector: Telecommunications, Media and Technology Notice type: Private Environmental category: B Approval date: 31 Oct 2023 Status: Disbursing English-language PSD published: 12 Aug 2024 Equity investment in SeeTree, a software company providing per-tree intelligence to growers to track their trees health and productivity. Project Objectives Up to USD 5 million equity investment into Series C Preferred Shares of SeeTree Inc. (SeeTree or Company), a company incorporated in Israel working towards establishing a Ukrainian subsidiary, as part of a USD 16 million financing round. The Banks investment would result in the Bank holding up to c. 13.6% (depending on the investment amount and final agreed valuation) ownership in the Company on a fully diluted basis. |