Copenhagen-based programmatic advertising platform Adnami announced that it has secured Series A funding from QNTM Group.
Founded in 2017, Adnami’s various solutions aim to help brands improve the performance of their digital advertising campaigns. It currently has more than 30 employees working in its Copenhagen, London and Stockholm offices. Its platform was used by 1000 brands and delivered 4 billion impressions over the last 12 months.
Advertisers and publishers that have worked with Adnami include H&M, Vodafone, Spotify, Carlsberg, Vodafone and BMW, according to the company’s website.
The financing will be used to enhance Adnami’s products and support its expansion across Europe, the company said.
Adnami’s chief executive officer Simon Kvist Gaulshøj said: ‘’We are delighted to have found industry-focused investors who understand the challenges and changes the space is undergoing. With QNTM, we have alongside us an incredibly strong partner when it comes to structuring and scaling tech businesses internationally.’’
QNTM’s chief executive officer commented: “We are truly excited to be joining Adnami at such an exciting moment in its growth journey. We have been hugely impressed with the results Adnami and its team have delivered so far, and believe that its technology-focused approach makes it an extremely attractive proposition for publishers, agencies and advertisers worldwide.”