Press Release
March 8, 2024

Kinnevik Leads Funding Round in Mews

The Goodwin Technology team advised Kinnevik on its lead $41 million investment into a $110 million funding round in Mews. In addition to Kinnevik, Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP also participated in the round. The funding gives Mews a post-money valuation of $1.2 billion.

Kinnevik is a Swedish investment company that is listed on Nasdaq Stockholm and aspires to be Europe’s leading listed growth investor.

Mews is the leading vertical software and payments solution for hotels. The new funding sets Mews up for further growth and enables the company to prioritize global expansion, research and development and acquisitions. Mews aims to revolutionize hotel operations with its cloud-based system that integrates with thousands of other tech solutions.

The Goodwin team was led by Sophie McGrath and Richard Bloomfield. The Goodwin team also assisted Kinnevik on their investment into the Series C financing for Mews in December 2022.

For additional details on the financing, please see the press release and coverage in TechCrunch.