Sinch AB announced that it has received SEK 6.596812629 billion in funding from Canada Pension Plan Investment Board, Temasek Holdings Limited, Seatown Holdings Pte. Ltd., SB Management Limited and other investors
On December 1, 2021, Sinch AB (publ) closed the transaction. The company issued 21,077,847 shares for gross proceeds of SEK 3,469,413,616.2 in its second and final tranche. The company received SEK 6,596,812,628.6 in the transaction. The transaction was approved by the board of directors of the company.