Gómez-Acebo & Pombo has advised GIC (Government of Singapore Investment Corporation) in Factorial’s $120 million Series C financing round.
This amount has been led by GIC together with the british fund Atomico and the participation of other investors such as Tiger Global, CRV, K-Fund and Creandum.
By this deal, Factorial has become a new spanish unicorn after reaching a post-investment valuation of $1 billion. The start-up, which specialises in human resources software for SMEs, has achieved this valuation thanks to the closing of this capital increase.
The team from GA_P advising GIC was formed by the partner, Álvaro Mateo (pictured) and the associates, Carolina Posse and Irene Romero.