ABGSC acted as sole financial advisor to Fishbrain in its USD 31 million financing round

Fishbrain, the world’s most popular mobile app for sport fishing, today announced that it has raised USD 31 million in funding. New investors were Swedish and Norwegian institutional investors and family offices, including Consensus Småbolagsfond and Adrigo Asset Management. Main existing shareholders, including B Capital Group and SoftBank Ventures Asia also participated in the financing round. Fishbrain will use the funding to continue to scale its user base and solidify its market-leading position as the most successful platform for one of the world’s most popular hobbies, sport fishing. A focus will also be on expanding growth and outreach in Sweden and Norway. Furthermore, Fishbrain will use the financing to strengthen its engineering, product, marketing, and sales teams at its HQ and product hub in Stockholm, as well as through hiring in the US and throughout Europe.