Nuburu adds EUR 1 million funding for Tekne ahead of planned 70% stake acquisition

Nuburu, Inc.

Nuburu, Inc.

BURU

0.00
  • Nuburu plans to buy a controlling 70% stake in Italy’s Tekne at a fixed EUR 52 million pre-money valuation.
  • Update: Nuburu Defense provided an additional EUR 1 million to Tekne for working capital, on top of a prior EUR 1 million SPA advance.
  • Deal structure includes converting about EUR 17.69 million of shareholder financing into equity within a EUR 29.69 million capital increase.
  • Transaction also includes a EUR 5.2 million share purchase from historical shareholders.
  • Earn-out set at 5% of Tekne annual revenues for fiscal years 2027-2036, capped at EUR 29.69 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260617450173) on June 17, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.