Bulgaria's Eleven Capital to grow investment in Dronamics
SOFIA (Bulgaria), April 5 (SeeNews) - Bulgarian venture capital firm Eleven Capital [BUL:11C] said on Monday that it has decided to make a follow-up investment of 100,000 euro ($117,000) in unmanned aerial systems developer Dronamics Global Limited.
The investment will be provided in the form of a convertible loan, Eleven Capital said in a stock exchange filing.
The deal has not yet been completed, the VC firm noted.
($ = 0.8516 euro)
Feature Image: Photo: Dronamics / All rights reserved.