We help companies raise capital for growth.

We support owners and management boards in raising financing from Venture Capital and Private Equity funds, private investors and financial institutions.

We prepare the investment materials and financial model, reach potential investors or lenders, lead the talks and coordinate the process through to closing.

Equity capital
In exchange for shares
Debt financing
No change in shareholding
Cost of capital
Usually the most expensive source. The investor expects a return well above the cost of debt and shares in all future growth in value.
Nominally cheaper – margin, fees, cost of security. Interest reduces tax, but every zloty of debt adds risk.
What we negotiate
Pre-money valuation, liquidation preferences, anti-dilution protection, veto rights, board composition, exit route (drag-along, tag-along).
Margin and fees, repayment schedule, security, financial covenants, early repayment and change-of-control terms.
Risk for the owner
Dilution and less freedom in decision-making. Conflict when the investor’s and the owner’s horizons diverge.
Debt service does not depend on results. A covenant breach hands the initiative to the lender.
When it makes sense
Growth that needs more capital than the company can borrow: expansion, a new product, acquisitions, bringing in an industry partner.
Stable cash flows: acquisition finance (MBO, LBO), refinancing, investments with predictable returns.
Who we talk to
venture capital fundsindustry investorsprivate equity fundsprivate investorsfamily offices
banksdebt fundsmezzanine financebond issues
Equity capital
In exchange for shares
Cost of capital
Usually the most expensive source. The investor expects a return well above the cost of debt and shares in all future growth in value.
What we negotiate
Pre-money valuation, liquidation preferences, anti-dilution protection, veto rights, board composition, exit route (drag-along, tag-along).
Risk for the owner
Dilution and less freedom in decision-making. Conflict when the investor’s and the owner’s horizons diverge.
When it makes sense
Growth that needs more capital than the company can borrow: expansion, a new product, acquisitions, bringing in an industry partner.
Who we talk to
venture capital fundsindustry investorsprivate equity fundsprivate investorsfamily offices
Debt financing
No change in shareholding
Cost of capital
Nominally cheaper – margin, fees, cost of security. Interest reduces tax, but every zloty of debt adds risk.
What we negotiate
Margin and fees, repayment schedule, security, financial covenants, early repayment and change-of-control terms.
Risk for the owner
Debt service does not depend on results. A covenant breach hands the initiative to the lender.
When it makes sense
Stable cash flows: acquisition finance (MBO, LBO), refinancing, investments with predictable returns.
Who we talk to
banksdebt fundsmezzanine financebond issues

How do we run a capital raising process?

01

Objectives and funding needs

We analyse the growth plan, capital requirements, financial position and the owners’ expectations.

02

Choosing the financing structure

We assess the possible combination of equity, debt and other available sources of financing.

03

Financial model and materials

We prepare the financial model, valuation, investor presentation and the equity story that shows the company’s potential.

04

Selecting investors and lenders

We identify the parties whose strategy, capabilities and expectations match the situation of the business.

05

Talks and negotiations

We manage the contacts, compare proposals and negotiate the valuation, financing structure and other terms.

06

Due diligence and closing

We coordinate the due diligence review, the work of the advisers and the agreement of documentation through to drawdown of the financing.

When is a company ready for an investor?

Raising capital takes more than an attractive idea. An investor will assess the business model, financial results, growth potential, technology, the team’s capabilities, the funding requirement and how the funds will be used.

Before approaching the market, we point out what needs preparing and whether the current moment offers a realistic chance of completing a transaction on acceptable terms.

CHECKLIST

8 questions before talking to an investor

  • Are your financial statements for the last 2–3 years in order?
  • Can you say exactly what the capital will be used for and what effect it will have?
  • Do you have a credible financial plan for the next 3–5 years?
  • Can the business model and competitive advantages be described in a few sentences?
  • Do the key capabilities sit within the team, not only with the owner?
  • Do the rights to the technology, brand and IP belong to the company?
  • Are the ownership structure and the articles of association in order?
  • Do you know how much of your equity and influence over decisions you are prepared to give up?

A few “no” answers do not rule out a transaction – they show what to prepare before the company is presented to investors.

We are part of a group that finances company growth end to end.

Where a project qualifies for public funding, it is handled by the PMTA team. Early-stage technology companies may be considered by the Prometeia Innovation Fund.

Grants and public funding for R&D projects and capital investment. 500+ grant applications written.

pmta.pl

Transaction advisory: M&A, capital raising, public markets and NewConnect.

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Venture capital fund (ASI). Technology companies from early stage to market maturity.

vc.prometeia.pl
INSIGHTS

Read before talking to an investor.

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Frequently asked questions

Looking for growth capital?

Let’s talk about your planned transaction and the financing options available.