Aira has completed a directed share issue of 4,464,286 shares at SEK 5.60 per share, raising approximately SEK 25 million before costs. The round was oversubscribed and closed larger than planned.
The price was set through an accelerated bookbuilding led by DNB Carnegie and announced on the evening of 20 October 2026. Investor interest during the process was stronger than expected, and the board increased the size of the issue as a result.
New and existing investors
Several Swedish and international institutional investors took part, including Nowo Global Fund as a new shareholder and existing shareholder Far View Capital Management.
The issue has two tranches. Tranche 1, of 3,125,001 shares, was resolved by the board under the authorisation from the extraordinary general meeting on 21 May 2026. Tranche 2, of 1,339,285 shares or about SEK 7.5 million, goes to Aira's largest shareholder and CEO Daniel Wikberg on the same terms as the other investors. Tranche 2 requires approval at an extraordinary general meeting, expected on 6 November 2026.
Aira for Fortnox launches 1 November
The capital goes to accelerating the commercial rollout of Aira for Fortnox: customer acquisition, product development, distribution and working capital.
Hundreds of thousands of Swedish small businesses run their accounting and invoicing in Fortnox every day. Most of them have no CRM, because a CRM means another system to learn and another set of data to keep up to date. From 1 November, they get a sales assistant inside the system they already work in.
Aira watches financial reports, board changes and company news, and tells you when it is the right time to get in touch with a customer or prospect. No manual data entry and no CRM administration.
"Small businesses need a CRM that works without administration, and that is exactly what Aira for Fortnox gives them. This round gives us the capital to scale sales and keep building the product, and it broadens our shareholder base with new investors. The focus now is execution."
— Daniel Wikberg, CEO, Aira
We are hiring
Scaling the team is now our top priority. We are building the most exciting sales team in Nordic tech, selling a product small businesses actually need to a market that has never had a sales tool built for it.
If you want to be part of that, get in touch with us at aira.app or message Daniel directly on LinkedIn.
Thank you
DNB Carnegie acted as Sole Global Coordinator and Bookrunner, and Advokatfirman Lindahl as legal adviser. Thank you both for sharp advice and steady support through the whole process, and thank you to every investor who joined us.
Read the full press release, including dilution and lock-up details, on MFN.
This article is not an offer to acquire or subscribe for securities in Aira. See the press release for important information.
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