Mondu will use the capital further develop its product lineup, as well as push forward with ongoing expansion plans. Specifically, the startup is targeting the Netherlands, and opening an office in Amsterdam later this month.
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Mondu sets its sights on the Netherlands, marches on with €20m in VVRB-backed debt financing round
”It's not every year that a startup like Mondu comes out of the gate - high growth, globally minded, laser-focused...and truly grounded in people-first integrity,” said Hoehlein Joseph. “The day-to-day operating values of the founders, in many respects, establish the culture from the beginning, and Mondu has been founded in the spirit of level-headed focus, intelligence, transparency, and trust. I was immediately impressed by their instinctive approach and excited by the prospect of further partnering with the team at such an early stage to build a powerful people capability in tandem with our game-changing product.”
