Paleo B.V. announced that it has received €12 million in funding from Gimv NV, SFPIM-International, DSM Venturing B.V., Siddhi Capital, LLC, Planet A GmbH, Beyond Impact, LLC

Gimv NV is one of the leading investment companies in Belgium. At the end of March 2022, the portfolio had an estimated market value of EUR 1,522.9 million broken down by type of shares as follows: - investments in unlisted companies (74.2%); - investments in listed companies (3.5%); - other (22.3%). Portfolio breaks down geographically by value as follows: Belgium (27.8%), Germany (23.3%), France (21.4%), the Netherlands (18.6%), and RoW (8.9%).