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Ark Kapital adopts new name Gilion and gears up for global expansion
In a move to gear up for global expansion, Ark Kapital announced today that it will adopt the new name Gilion. This update isn’t just a name change; this is another step in our pursuit towards becoming a universal growth platform capable of shaping how the next generation of tech companies are funded and grow their businesses.
Drawing from giga- + -illion and modeled after old British for billion (thousand million), Gilion refers to the vast amounts of data generated daily by tech companies and how it, thanks to AI, can finally be leveraged to understand, optimize and finance growth. By offering real-time analytics, accurate forecasting tools and access to non-dilutive funding, we can finally start transforming the growth experience for all founders, captured on one cohesive growth platform.
“We are building Gilion to give founders across the globe access to everything they need to grow faster – from growth tools all the way to financing. Now, we’re ready for the next phase and to start rolling it out globally.”, says Henrik Landgren, co-founder and CPTO at Gilion. “When a company connects to Gilion, they plug into the best AI-models that growth analytics has to offer – a DNA test for your growth. Once connected, they can get access to a new form of non-dilutive funding, on par with or as a complement to VC, that has never been available to them before.”
While machine learning and AI may appear cutting-edge to some, they have been effectively implemented and proven successful for over a decade at industry giants such as Spotify, Google, and Facebook, playing a pivotal role in deciphering and propelling their growth. By building an “everything growth”-platform, Gilion aims to set a new standard for founders and investors in growth evaluation. We predict AI-driven decisions based on refined data will become the standard for all funding and credit decisions in the near future, transforming how we approach entrepreneurship and investments as a whole.
With out-of.the-box capabilities, Gilion empowers tech enterprises by providing constant access to comprehensive insights into their historical and future performance. Our proprietary real-time analysis, category-defining Gilion Scores, and predictions serves as the engine enabling Gilion to provide access to long-term, non-dilutive loans of up to €10M. In 2023, Gilion expanded its capital pool to €400M, dedicated to supporting European founders and tech companies.
“We are proud of what we’ve already achieved under the Ark Kapital banner, this year alone we went live in Germany and Finland, grew the team to roughly 80 employees and introduced hundreds of companies to our growth forecasting tools.”, says Oliver Hildebrandt, the co-founder, and CEO at Gilion. “With one of the biggest non-dilutive capital pools, we are already well positioned to support European founders, but we intend to expand the pool to cover the US and the UK in the near future.”
Gilion (formerly Ark Kapital) is backed by LocalGlobe, Creandum, Swedish banking veteran – Annika Falkengren, formerly Swiss banking group Lombard Odier and Swedish bank SEB, former Blackstone Co-head, John McCormick, and no less than seven unicorn founders Hjalmar Winbladh of Epidemic Sound and founding partner of EQT Ventures, Jacob De Geer of IZettle, Timo Soininen of Small Giant Games, Ilkka Paananen of Supercell, Sebastian Knutsson of King, Riccardo Zacconi of King, and Steve Anavi of Qonto.
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