Lunar A/S announced that it has received DKK 1,560 million in an equity round of funding co-led by new investors Kinnevik AB, Heartland A/S and Tencent Holdings Ltd., Investment Arm on July 12, 2021. The transaction included participation from new investors IDC Ventures, Fuel Ventures Limited, MW&L Capital Partners Limited, Peter Mühlmann, the founder and CEO of Trustpilot, returning investors SEED Capital Denmark, Chr. Augustinus Fabrikker Aktieselskab.

The round is raised at a post-money valuation of over DKK 7,500 million. The company has raised more than €300 million (DKK 2,232 million) in funding till date.