Croatia's Hortilab raises 331,000 euro on Funderbeam

The sum is above Hortilab's minimum target of 250,000 euro set for this fundraising, according to a presentation by the company published earlier on Funderbeam.

Hortilab said in the presentation that it aims to raise 600,000 euro in order to finance new product development and expand production capacity to meet growing demand.

Hortilab specialises in producing various types of disease-free plants for various markets, such as fruit, ornamental and aquarium plants market.

($ = 0.921 euro)